$ 1,288,800
5689 MAIN ST Niagara Falls, ON L2G 5Z3
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$ 1,288,800
Est. payment | /mo
3,200 SqFt
$ 1,288,800
Est. payment | /mo
3,200 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
Listed by ELONG REALTY BROKERAGE, INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "