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$999,900
Available - For Sale
Listing ID: X13121664
Niagara Falls is located on the border of Ontario, Canada and New York State, USA, connecting Lake Ontario and Lake Erie. Millions of years of erosion have given us the privilege of witnessing its current magnificent grandeur. A thousand years of waiting have brought us together at this moment, in this spectacle. However, what we appreciate here is not just scenery, but also an opportunity to create wealth and value.5024 Centre St. is located at the busiest intersection of Clifton Hill and Victoria Road within the scenic area. It is surrounded by entertainment venues, restaurants, and hotels, attracting over 14 million visitors annually. This 600-square-foot shop, designed for tourism-oriented commercial use, can be used as a convenience store, bubble tea shop, takeout restaurant, souvenir retail, etc. Currently, the tenant is a chain convenience store with a long-term lease and stable rent. This not only avoids many inconveniences associated with dealing with residential tenants but also fulfills the investment aspirations of overseas buyers in Niagara.
Price $999,900
Taxes: $6,559
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 5024 Centre Street , Niagara Falls, L2G 3N7, Niagara
Postal Code: L2G 3N7
Province/State: Niagara
Directions/Cross Streets: Victoria Ave
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Retail
Building Percentage: F
Total Area: 600
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: F
Franchise: F
Maintenance: 0
Net Income Before Debt: $4750
Expenses Actual/Estimated: $Est
Sprinklers: No
Outside Storage: F
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX NIAGARA REALTY LTD, BROKERAGE

5024 Centre Street , Niagara Falls, L2G 3N7, Niagara

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Commercial Retail
Area: Niagara
Municipality: Niagara Falls
Neighbourhood: 214 - Clifton Hill
Style:
Lot Size: x 61.00(Feet)
Approximate Age:
Tax: $6,559
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908