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5020 Centre St
6,394 SF 100% Leased Retail Building Niagara Falls, ON L2G 3N7 $3,531,887 USD ($552 USD/SF)
Executive Summary
Rare Opportunity to Own a One of a Kind Excellent Income Investment Property Located At the Core of the Niagara Falls Tourist Area ( Clifton Hill/Victoria Ave). The 2nd Floor Tenant (Including Main Floor Reception Area) Is The Famous Locomoland Well Known To Public And Main Floor Is Occupied By The Building Owner Who Has Been Operating A Successful Souvenir Store For Over 40 Years, now retiring. The Main Floor Shall Be Vacant Possession For The Buyer On Closing Date. Rent Roll Is Ready For Potential Buyers. Includes 3 Parking Spaces (off-site)
Property Facts Under Contract
Sale Type
Investment
Sale Condition
Exercise Of Option
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,394 SF
Year Built
1998
Price
$3,531,887 USD
Price Per SF
$552 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.83
Land Acres
0.08 AC
Zoning
TC - Tourist Commercial zone
Parking
3 Spaces (0.47 Spaces per 1,000 SF Leased)
Frontage
72 FT on 5020 Centre Street
Walk Score ®
Very Walkable (87)
Nearby Major Retailers
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5020 Centre St
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