5689 Main Street, Niagara Falls, ON, L2G 5Z3

$1,288,800

MLS® # 40643445

Commercial For Sale In Drummond / Victoria, Niagara Falls, Ontario

$1,288,800

Property Information:

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.

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Partial
  • Exterior Features: Storage
  • Lot Depth: 198.49 Feet
  • Lot Features: Irregular Lot, City Lot, Hospital, Public Transit
  • Lot Frontage: 54.13 Feet
  • Security Features: Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: GC
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 12

Courtesy of: ELONG REALTY BROKERAGE, INC.

Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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