5689 MAIN Street, Niagara Falls | Image 1

5689 MAIN Street

Niagara Falls, 215 - Hospital

  • Commercial

$X,XXX,XXX
For Sale

Added 3 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Zoning: GC

  • Age: No Data

  • Taxes: 11531.4

  • MLS®#: X9413630

  • Days on Site: 71 Days

  • Added: Sep 07, 2024 (3 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ELONG REALTY BROKERAGE, INC.

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

  • Status: Sale

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Area: Niagara Falls

  • Community: 215 - Hospital

  • Availability Date: Flexible

  • Assessment Amount: $372,000

  • Assessment Year: 2023

Building

  • Basement: Y

  • Outside Storage: Y

  • Water Supply: Municipal

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT BLK W/S PORTAGE RD OR MAIN ST PL 653 ABSTRACTED AS BLK 11 VIL

  • Taxes: $11,531

Land

  • Cross Street: MAIN STREET BETWEEN

  • Municipality District: Niagara Falls

  • Parcel Number: 643150096

  • Sewer: Sewers

  • Lot Depth: 198.49 Feet

  • Lot Frontage: 54.13 Feet

  • Lot Irregularities: 48.12 ft x 198.74 f

  • Zoning: GC

Commercial Specific

  • Total Area: 3200

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Tangible Property Included: Y

  • Seats: 40

  • Financial Statement: N

Map of 5689 MAIN Street, Niagara Falls
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