5470 Victoria Ave
Niagara Falls, ON L2G 3L2
Retail Property For Sale
![5470 Victoria Ave, Niagara Falls, ON for sale - Primary Photo - Image 1 of 2](https://images1.loopnet.com/i2/jyFUF16f4NxvwWmwjXRnIeiPDIVLlgWO1cKz3pqySZs/110/5470-Victoria-Ave-Niagara-Falls-ON-Primary-Photo-1-Large.jpg)
![5470 Victoria Ave, Niagara Falls, ON for sale - Building Photo - Image 2 of 2](https://images1.loopnet.com/i2/KEEQEREbnvLzDM4DfenybginaWu9hHWMDKVE4kUpiPg/110/5470-Victoria-Ave-Niagara-Falls-ON-Building-Photo-2-Large.jpg)
INVESTMENT HIGHLIGHTS
- Near the Falls.
- Separate entrance to residential unit.
- Restaurant and apartment building.
EXECUTIVE SUMMARY
This restaurant and multi-family investment property is a prime property in core Niagara Falls with a 13,700 SF lot and minutes to the Falls. The land and building is included in the sale. There is a separate entrance to the 2nd floor 4 bedroom apartment with 3 full bathrooms. 17 car par parking.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,613 SF
Building Class
C
Year Built
1920
Price
$2,242,137 USD
Price Per SF
$621 USD
Cap Rate
5.70%
NOI
$127,802 USD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.39
Lot Size
0.21 AC
Zoning
CR - Commercial
Parking
17 Spaces (4.71 Spaces per 1,000 SF Leased)
Frontage
72 FT on Victoria