131-139 Niagara Blvd - Storefront Retail/Residential FOR SALE


Fort Erie, ON L2A 3G6
$2,500,000 CAD
905-894-4014
131-139 Niagara Blvd, Fort Erie, ON for Sale
$2,500,000 CAD
Storefront Retail/Residential - FOR SALE
1/24
null | Request Cap Rate

131-139 Niagara Blvd
Fort Erie, ON L2A 3G6


HIGHLIGHTS

  • Zoned CMU6-612, the building allows for vertical expansion up to five storeys.
  • Constructed with durable concrete and brick, it includes a centrally located main utilities trunk line for easy future modifications.
  • The property is prominently located on Niagara Boulevard, offering excellent visibility, proximity to key amenities, and select river views.
  • It features four commercial units on the main floor—three of which are currently leased—and three residential units.
  • There is significant opportunity to expand within the building beyond the back room, including options for more residential or retail space.

OVERVIEW

Investors, take note of an exceptional opportunity at 131-139 Niagara Boulevard—a versatile mixed-use property spanning approximately 14,000 square feet. Zoned CMU6-612, this solid concrete-and-brick building offers remarkable flexibility and the potential to expand vertically up to five storeys. Designed with future adaptability in mind, the structure includes a centrally located main utilities trunk line, simplifying any future modifications. Situated along Niagara Boulevard, the property boasts excellent visibility, proximity to major amenities, and even river views from select areas. Currently, the building features four commercial units on the main floor—three of which are leased—and three residential units. A spacious back room presents further potential for additional rental units, storage, or custom business use. Beyond that, there is ample room within the building for further expansion, whether for more residential units, retail space, or other possibilities. A dedicated section for parking adds to the property’s appeal, making it a compelling investment in a thriving area. This property may also be purchased as part of a package with 155 Niagara Boulevard (PIN: 644730148) and PT LT 2 Niagara Boulevard (PIN: 644730149), with all three parcels offered together for $3,500,000.

FOR SALE DETAILS

PRICE

$2,500,000 CAD

PRICE/SF

$179 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

CMU6-612

APN/PARCEL ID

270301003705300

ASK ABOUT THIS PROPERTY

Milos KrtekRoyal LePage NRC Realty, BrokerageMore Info
905-894-4014

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Milos KrtekRoyal LePage NRC Realty, BrokerageMore Info
905-894-4014

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.