Added 1 day ago
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Type: Commercial/Retail
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Property Type: Commercial
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Zoning: TC
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Age: 6-15 years
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Taxes: 51626
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MLS®#: X11949960
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Added: Jan 31, 2025 (1 day ago)
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Updated:
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Last Checked: 1 hour ago
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Listed By: COLDWELL BANKER MOMENTUM REALTY, BROKERAGE
Spiga DOro Plaza is an exceptionally well-built commercial plaza offering an outstanding investment opportunity in the heart of Niagara Falls. Constructed in 2016, this 11,492 square-foot retail complex features four high-visibility storefront units and a premium commercial bakery space, all are well designed for long-term success. Key Property Highlights: 0.86 Acres Lot size (150ft x 249 ft). Total Gross Floor Area: 11,492 sq. ft. Storefront Retail Units: 1,803 sq. ft., 1,770 sq. ft., 1,172 sq. ft., and 2,354 sq. ft. + 4,393 sq. ft. Commercial Bakery. Anchor Tenant: La Farina Bakery, a Niagara Region staple, operates from a combined 3,526 sq. ft. retail storefront and an additional 4,393 sq. ft. commercial bakery space in the rear. Bakery Features: Includes a dedicated loading zone and a 9.5-foot roller door for seamless operations. Construction & Features: Built in 2016, 15-foot ceilings, Striking architectural design, State-of-the-art fire suppression & sprinkler systems, 4 Independent utility services, Ample parking with 35 spaces. Investment Potential:This high-traffic location on Lundy's Lane is home to three exceptional, long-term tenants, ensuring strong rental income and market stability. With excellent market rent potential, this plaza presents a rare opportunity for investors seeking a high-quality, income-generating commercial asset in one of Niagara's most sought-after business corridors.
Property
Status: Sale
Property Type: Commercial/Retail
Property Type: Retail
Age: 6-15
Area: Niagara Falls
Community: 218 - West Wood
Availability Date: Flexible
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Heat Type: Gas Forced Air Open
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: Outside/Surface
Covered Parking Spaces: 35
Fees
Tax Year: 2024
Tax Legal Description: PT BLK B PL 223 STAMFORD AS IN RO619167 ; NIAGARA FALLS
Taxes: $51,626
Taxes Type: Annual
Land
Cross Street: Lundy's Ln/Kalar Rd
Municipality District: Niagara Falls
Parcel Number: 643610030
Lot Depth: 249.18 Feet
Lot Frontage: 150.35 Feet
Zoning: TC
Commercial Specific
Retail Area: 11492
Retail Area Metric: Sq Ft
Sprinklers: Part
Total Area: 11492
Total Area Metric: Sq Ft
Franchise: N
Lot Code: Building
Business/Building Name: Spiga D'Oro Plaza
Financial Statement: Y
Greendale Public School
Elementary: PublicKate S Durdan Public School
Elementary: PublicOur Lady of Mount Carmel Catholic Elementary School
Elementary: CatholicCardinal Newman Catholic Elementary School
Elementary: CatholicLoretto Catholic Elementary School
Elementary: CatholicForestview Public School
Elementary: PublicThorold Secondary School
Secondary: PublicWestlane Secondary School
Secondary: PublicStamford Collegiate
Secondary: PublicSaint Michael Catholic High School
Secondary: CatholicSaint Paul Catholic High School
Secondary: CatholicA N Myer Secondary School
Secondary: Public
