For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $3,000,000
Property Type Commercial
Sub Type Retail,Building and Land
Listing Status Sold
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $250
MLS Listing ID 40438301
Sold Date 12/02/23
Abv Grd Liv Area 12,000
Originating Board Niagara
Annual Tax Amount $10,337
Property Description
Great investment opportunity in Niagara Falls! Premium location. Walking distance to Clifton Hill, the Falls, and all attractions. 16 fully renovated hotel rooms, 6000 sq ft restaurant space with two kitchens, and a 4 bedroom apartment. Ample parking! Great income with 7.5% cap rate.
Location
Province ON
County Niagara
Area Niagara Falls
Zoning GC
Direction EXIT HWY 420 and Victoria
Rooms
Basement Partial, Partially Finished
Kitchen 0
Interior
Heating Gas Forced Air Open
Cooling Central Air, Window Unit(s)
Fireplace No
Exterior
Garage Plaza
Waterfront No
Lot Frontage 134.27
Lot Depth 122.35
Parking Type Plaza
Garage No
Building
Lot Description Urban, Irregular Lot, Ample Parking, City Lot, Highway Access, Library, Park, Public Transit
Faces EXIT HWY 420 and Victoria
Story 2
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
New Construction No
Others
Senior Community false
Tax ID 643370182
Ownership Freehold/None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP