ON > Niagara Falls
Niagara Falls, ON L2G 5Z3,5689 Main Street
Niagara Falls, ON L2G 5Z3,5689 Main Street
Niagara Falls, ON L2G 5Z3,5689 Main Street
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$1,288,800
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3,200 SqFt
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5689 Main Street Niagara Falls, ON L2G 5Z3

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Jeremy Creed

Jeremy Creed

+1(416) 671-8471

UPDATED:

10/13/2024 07:20 PM

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

Listed by ELONG REALTY BROKERAGE, INC.

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Jeremy Creed

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+1(416) 671-8471

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5689 Main Street