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5020 Centre St

Niagara Falls, ON L2G 3N7
  • $5,900,000
  • STATUS: Active
  • ON SITE: 95 Days
  • MLS #: X5746662
UPDATED: 27 min ago
$5,900,000
  • 0
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Commercial
County:

Description

Rare Opportunity To Own A One Of A Kind Excellent Income Investment Property Located At The Core Of The Niagara Falls Tourist Area ( Clifton Hill/Victoria Ave). The 2nd Floor Tenant (Including Main Floor Reception Area) Is The Famous "Locomoland" Well Known To Public And Main Floor Is Occupied By The Building Owner Who Has Been Operating A Successful Souvenir Store For Over 40 Years, Now Retiring. The Main Floor Shall Be Vacant Possession For The Buyer On Closing Date. Rent Roll Is Ready For Potential Buyers.

Extras: Includes 3 Parking Spaces (Off-Site) . The Current Rent : 2nd Floor $100,000 / Year + 50% Property Taxes + Utilities.

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Listing information © 2022 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Fishman Group | Real Broker Ontario LTD.. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2022-12-03T15:41:01.5.
www.fishmangroup.ca/homes/132562695
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5020 Centre St Niagara Falls, ON L2G 3N7

  • Price: $5,900,000
  • Status: Active
  • On Site: 95 Days
  • Updated: 27 min ago
  • MLS #: X5746662
0
Beds
3
Baths
0
½ Baths
N/A
Acres
Neighbourhood:
Niagara Falls
County:
Ontario
Area:
Niagara Falls
Property Description
Rare Opportunity To Own A One Of A Kind Excellent Income Investment Property Located At The Core Of The Niagara Falls Tourist Area ( Clifton Hill/Victoria Ave). The 2nd Floor Tenant (Including Main Floor Reception Area) Is The Famous "Locomoland" Well Known To Public And Main Floor Is Occupied By The Building Owner Who Has Been Operating A Successful Souvenir Store For Over 40 Years, Now Retiring. The Main Floor Shall Be Vacant Possession For The Buyer On Closing Date. Rent Roll Is Ready For Potential Buyers.

Extras: Includes 3 Parking Spaces (Off-Site) . The Current Rent : 2nd Floor $100,000 / Year + 50% Property Taxes + Utilities.
Exterior Features

Freestanding Yes Garage Type None Lot Depth 50.00 Lot Front 71.50 Lot Size Code Feet Outside Storage No Parking Spaces 3 Percent Building 100 Rail N Soil Test N

Interior Features

Air Conditioning Y Basement Y Elevator None Heat Type Gas Forced Air Closd Industrial Area Code Sq Ft Office Apartment Area 0 Office Apartment Area Code Sq Ft Retail Area 0 Retail Area Code Sq Ft Total Area 6394.00 Total Area Code Sq Ft

Property Features

Approx Age 31-50 Category Multi-Use Chattels Yes Commercial Type Commercial/Retail Crane N Cross Streets Victoria Ave/Clifton Hill Days Open V Employees 0 Financial Statement No Franchise No Industria Area 0 List Price Type For Sale Lot Code Building Occupancy Own+Ten Sale Or Lease Sale Seller Property Info Statement No Sewer San+Storm Sprinklers N Survey No Tax Year 2022 Taxes 20283.00 Taxes Type Annual UFFI No Use Retail Store Related Utilities Y Water Municipal Zoning Commercial

Listing courtesy of Royal Lepage Real Estate Services Ltd., Brokerage.
Listing information © 2022 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Fishman Group | Real Broker Ontario LTD.. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2022-12-03T15:41:01.5.
 
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St. Catharines ON, L2M 0B3