LOADING

3876 Main Street Niagara Falls, Ontario L2G 6B6

None Hot Water Radiator Heat

$1,799,000

THIS INCREDIBLE INVESTMENT WITH A FANTASTIC LOCATION HAS 2 COMMERCIAL UNITS (ONE TAKE OUT FOOD RESTAURANT THAT IS CURRENTLY LEASED & ONE 4100 SQ. FT. RESTAURANT THAT IS NOT LEASED) PLUS A 4000 SQ. FT. 11 ROOMS RESIDENTIAL , TWO KITCHENS , LARGE COMMON ROOM AND 4 BATHROOMS ZONED FOR MOTEL & AIR B & B. THERE ARE MANY USES FOR THE RESIDENTIAL AREA INCLUDING BOTH LONG TERM AND SHORT TERM RENTALS. GC ZONING ALLOWS FOR MANY USES. THE 4000 SQ.FT. RESTAURANT HAS SEATING CAPACITY FOR 154. RECENT UPDATES : APPROX. 20 WINDOWS DONE IN 2021, INTERIOR STEEL DOORS ON SECOND FLOOR , ROOF, METAL EGRESS FIRE ESCAPE ALL DONE IN 2022. PROPERTY HAS BEEN BROUGHT UP TO DATE WITH CURRENT BUILDING AND FIRE CODES IN 2023 (AS OF MAY 05,2023 PENDING FINAL FIRE INSPECTION) THIS IS SUCH FANTASTIC OPPORTUNITY TO OWN A MIXED USE 10,000 SQ. FT. BUILDING WITH UNBELIEVABLE INCOME POTENTIAL. ALL CONTENTS IN 4000 SQ.FT. RESTAURANT INCLUDED, ALL CONTENTS ON SECOND FLOOR INCLUDED , OTHER THAN TENANT BELONGINGS. (id:38042)

Property Details

MLS® Number 40415631
Property Type Other
Amenities Near By Shopping
Equipment Type Water Heater
Features Crushed Stone Driveway, Sump Pump
Rental Equipment Type Water Heater

Building

Basement Development Unfinished
Basement Type Crawl Space (unfinished)
Constructed Date 1925
Construction Material Concrete Block, Concrete Walls, Wood Frame
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Concrete, Wood
Fire Protection None
Heating Type Hot Water Radiator Heat
Stories Total 2
Size Exterior 10275.0000
Utility Water Municipal Water

Land

Acreage No
Land Amenities Shopping
Sewer Municipal Sewage System
Size Depth 253 Ft
Size Frontage 60 Ft
Size Total Text Under 1/2 Acre
Zoning Description Gc

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May 31 2023 07:05:56

Niagara Association of REALTORS®

RE/MAX Niagara Realty Ltd, Brokerage