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.
MLS# | 40643445 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 63 |
Listing Provided By | ELONG REALTY BROKERAGE, INC. | Lixia Lin |
SQ Feet | 3,200 |
---|---|
Basement | Y |
Story(s) | 2 |
Zoning | GC |
Province | ON |
---|---|
County | Niagara |
City | Niagara Falls |
Postal Code | L2G 5Z3 |
Area | Niagara Falls |
Subarea | 215 Hospital |
Community Name | 215 Hospital |
Listing VS Median (in 215 Hospital) | |
Price: $1,288,800 low | high Med: $549,450 SqFt: 3,200 low | high Med: 1,065 $ / SqFt: $403 low | high Med: $521 On Site: 63 low | high Med: 37.000000 |