$1,288,800
( $402.75Per Sq Foot )
 $6,919 est/mo Sourced by Back At You

5689 Main Street , Niagara Falls, ON L2G 5Z3

Niagara Falls, ON L2G 5Z3

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Description

GREAT INVESTMENT PROPERTY IN TOURIST AREA!! One of the two existing Chinese restaurants close to the Falls, featuring lobster, Cantonese cuisine, and other authentic Chinese food. Approximate 2000 sq ft fully equipped restaurant and a 1200 sq ft 3 bedroom apartment in the back. The restaurant has a tenant. The apartment could be leased out with a long term or short term tenant. According to City's official Plan, it allows the development of 4 to 6 stories. An 8 story luxurious condominium was built across the street. Collect the rent now, with future potential to assemble and develop land close to tourist area.

Details

MLS#40643445
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site59
Listing Provided ByELONG REALTY BROKERAGE, INC. | Lixia Lin

Features

SQ Feet3,200
BasementY
Story(s)2
ZoningGC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

ProvinceON
RegionNiagara
CityNiagara Falls
Postal CodeL2G 5Z3
AreaNiagara Falls
Subarea215 Hospital
Community Name215 Hospital
Listing VS Median (in 215 Hospital)
Price:
$1,288,800
low | high
Med:
$541,950
100% of Average
SqFt:
3,200
low | high
Med:
1,015
100% of Average
$ / SqFt:
$403
low | high
Med:
$536
16.942080439966% of Average
On Site:
59
low | high
Med:
19.000000
100% of Average
Sourced by Back At You
Listing Updated: October 13, 2024 at 3:29:09 PM PDT