$1,199,000 FOR SALE

Office

Lot: 40 x 120 ft

5237 Victoria Avenue
Niagara Falls, ON L2E 4E6

Calling all savvy real estate investors! This is your golden ticket to a lucrative venture in downtown Niagara Falls. Nestled in the heart of tourist paradise, this income-generating property is a strategic gem boasting an unbeatable location for maximum returns. The building features a vacant commercial unit perfect for a takeout establishment, alongside three meticulously updated residential units. Two of these units, each with one bedroom, one bathroom, a well-equipped kitchen, and a cozy living area, offer significant rental potential. Additionally, a spacious three-bedroom owner-occupied apartment promises an outstanding monthly rental range of $2300-$2700. With the proximity to Clifton Hill, the QEW, Rainbow Bridge, and the allure of Niagara Falls tourism, this is a prime investment opportunity that promises both immediate and long-term gains. Don't miss your chance to capitalize on this incredible real estate prospect! (id:47423)

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Listed By REVEL Realty Inc., Brokerage
Data Provided By Niagara Association of REALTORS®
MLS® Listing Number 40553318
Last Updated Apr 10, 2024
Property Summary
Property Type Office

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Price History
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Detailed Information
Lot 40 x 120 ft
Amenities Nearby Hospital, Public Transit, Schools
Community Features High Traffic Area
Listing Contract Date 2024-03-14
Location Description Corner of Victoria & McRae
Ownership Type Freehold
Property Type Office
Transaction Type For sale
Zoning Description GC
Building
Basement Type Partial
Exterior Finish Brick, Stucco
Foundation Type Block
Stories Total 2.5
Size (Exterior) 5100
Utility Water Municipal water
Land
Total Size under 1/2 acre
Access Type Highway access
Amenities Hospital, Public Transit, Schools
Sewer Municipal sewage system

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