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Niagara Falls,ON L2G 5Z3
Key Details
Property Type Commercial
Sub Type Store with Apt/Office,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $402
MLS Listing ID 40643445
Abv Grd Liv Area 3,200
Originating Board Niagara
Annual Tax Amount $11,531
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
Area Niagara Falls
Zoning GC
Direction MAIN STREET BETWEEN NORTH STREET & SUMMER STREET
Rooms
Basement Partial
Kitchen 0
Interior
Fireplace No
Exterior
Exterior Feature Storage
Waterfront No
Lot Frontage 54.13
Lot Depth 198.49
Garage No
Building
Lot Description Irregular Lot,City Lot,Hospital,Public Transit
Faces MAIN STREET BETWEEN NORTH STREET & SUMMER STREET
Story 2.5
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2.5
New Construction No
Others
Senior Community false
Tax ID 643150096
Ownership Freehold/None