5470 Victoria Ave
Niagara Falls, ON L2G 3L2

Retail Property For Sale

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
  • Listing ID: 33383432

  • Date on Market: 10/2/2024

  • Last Updated:

  • Address: 5470 Victoria Ave, Niagara Falls, ON L2G 3L2