5470 Victoria Ave | Niagara Falls, ON L2G 3L2
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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
$2,259,839 USD
Price Per SF
$625 USD
Cap Rate
5.70%
NOI
$128,811 USD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.39
Land Acres
0.21 AC
Zoning
CR - Commercial
Parking
17 Spaces (4.71 Spaces per 1,000 SF Leased)
Frontage
72 FT on Victoria
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