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5470 Victoria Ave

3,613 SF Retail Building Niagara Falls, ON L2G 3L2 $2,263,861 USD ($627 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
$2,263,861 USD
Price Per SF
$627 USD
Cap Rate
5.70%
NOI
$129,040 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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
CrossFit
Bestway
Tim Hortons
Applebee's
Rainforest Café
freshii
Boston Pizza
Montana’s BBQ & Bar
Hard Rock Cafe
  • Listing ID: 33383432

  • Date on Market: 10/2/2024

  • Last Updated:

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

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