5689 MAIN ST Active

Niagara Falls,ON L2G 5Z3

$ 1288800

- Bed

- Bath

3200 SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $402

MLS Listing ID X9413630

Annual Tax Amount $11,531

Tax Year 2023

Property Description

GREAT INVESTMENT PROPERTY IN TOURIST AREA!! One of the two existing Chinese restaurants close to the Falls, featuring lobster, Cantonese cuisine, and other authentic Chinese food. Approximate 2000 sq ft fully equipped restaurant and a 1200 sq ft 3 bedroom apartment in the back. The restaurant has a tenant. The apartment could be leased out with a long term or short term tenant. According to City's official Plan, it allows the development of 4 to 6 stories. An 8 story luxurious condominium was built across the street. Collect the rent now, with future potential to assemble and develop land close to tourist area.

Location

Province ON

County Niagara

Zoning GC

Rooms

Basement Partial Basement

Kitchen 0

Interior

Cooling Unknown

Exterior

Garage Spaces 12.0

Pool None

Community Features Public Transit

Utilities Available Unknown

Roof Type Unknown

Total Parking Spaces 12

Building

Lot Description Irregular Lot

Foundation Stone

New Construction false

Others

Security Features Carbon Monoxide Detectors

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