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Home ON St. Catharines - Niagara Niagara Falls Drummond - Victoria
5020 CENTRE Street
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$5,900,000
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5020 CENTRE Street
Niagara Falls, Ontario L2G3N7

MLS® Number: 40315331

Listing Description

Rare Opportunity to Own a One of a Kind Excellent Income Investment Property Located At the Core of the Niagara Falls Tourist Area ( Clifton Hill/Victoria Ave). The 2nd Floor Tenant (Including Main Floor Reception Area) Is The Famous Locomoland Well Known To Public And Main Floor Is Occupied By The Building Owner Who Has Been Operating A Successful Souvenir Store For Over 40 Years, now retiring. The Main Floor Shall Be Vacant Possession For The Buyer On Closing Date. Rent Roll Is Ready For Potential Buyers. Includes 3 Parking Spaces (off-site) . The Current Rent : 2nd Floor $100,000 / Year + 50% Property Taxes + Utilities (44734865)

Location Description

Victoria Ave/Clifton Hill

Property Summary

Property Type
Other
Storeys
2
Subdivision Name
214 - Clifton Hill
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$20,283
Time on REALTOR.ca
945 days

Building

Interior Features
Basement Type
Partial (Finished)
Building Features
Style
Detached
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water

Measurements

Exterior Building Size
6394 sqft

Land

Lot Features
Frontage
72 ft
Land Depth
50 ft
Other Property Information
Zoning Description
Commertial
Data provided by: Cornerstone - Mississauga 3450 Ridgeway Dr #1, main building, Mississauga, Ontario L5L0A2