5470 Victoria Ave
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5470 Victoria Ave
3,613 SF Retail Building Niagara Falls, ON L2G 3L2 $2,261,092 USD ($626 USD/SF) 5.70% Cap Rate
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
$2,261,092 USD
Price Per SF
$626 USD
Cap Rate
5.70%
NOI
$128,882 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
Walk Score ®
Very Walkable (89)
Bike Score ®
Very Bikeable (70)
Nearby Major Retailers
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5470 Victoria Ave
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