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$1,288,800
Status:
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.
| Property Type | :Commercial Sale |
|---|---|
| MLS Number | :40643445 |
| Listing Type | :Sale |
| Property Age | :100+ Years |
| Possession Date | : |
| Last Updated | :13 Oct, 2024 (417 Days ago) |
| Source | :Niagara |
| Area | :Niagara |
|---|---|
| City | :Niagara Falls |
| Area Major | :Niagara Falls |
| Area Minor | :215 - Hospital |
| Postal Code | :
L2G 5Z3
|
| Directions | :MAIN STREET BETWEEN NORTH STREET & SUMMER STREET |
| Price | : $1,288,800 |
|---|---|
| Property Taxes | :$11531.4 |
| Tax Year | :2023 |
|---|
| Approx Square Footage | :3200 sqft |
|---|
13 Oct, 2024
TREB #40643445
Price Change
$1288800
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