$1,180,000
MLS# X13502100
3,200
Sq Ft平方尺
12
Parking停车位
Middle初中 Princess Margaret Public School 9.47/10Secondary中学 A N Myer Secondary School 8.2/10Safety (area estimate)治安(全市估算) ~6.0/10 — Niagara Falls

About This Property房源介绍

This fantastic investment opportunity is located in the prime Niagara Falls tourist district, minutes from the Falls and the casino. The property features a 2,000 sq ft ground-floor restaurant currently leased at $4,300/month plus HST, which will increase to $4,500 this August, with $200 annual increments. The lease has three years remaining. The 1,200 sq ft upper unit, currently used for massage therapy, is leased at $2,000/month. Annual income totals $74,400. With 2025 taxes at $12,102, the cap rate is approximately 5%. With recent updates including electrical, plumbing, roof, HVAC, and water heater, this high-visibility property offers stable income and future potential.

Interested in this property?对这套房源感兴趣?

Inquiry for:咨询房源: 5689 MAIN STREET, Niagara Falls · MLS# X13502100 · $1,180,000
Or call: 647-624-9279或拨打: 647-624-9279