611 Niagara Blvd - Apartments FOR SALE


Fort Erie, ON L2A 3H6
$1,300,000 CAD
905-329-4175

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$1,300,000 CAD
Apartments - FOR SALE
null | Request Cap Rate

611 Niagara Blvd
Fort Erie, ON L2A 3H6


HIGHLIGHTS

  • Mixed-use building
  • Directly across from river
  • Flexible zoning

OVERVIEW

10,500 SF three-storey, mixed-use commercial property on a total of 0.585 acres with great views of the Niagara River and being sold with 610 Niagara Blvd. This property offers ground floor commercial space and residential space on the 2nd & 3rd floors. C2A Zone allows for many permitted uses, including hotel & motel, eating establishments, private or commercial clubs, LCBO, places of entertainment, bake shop & catering, offices, clinics, day nursery, department store and many more. The waterfront lot offers access to the Niagara River and potential for private parking area, is zoned OS with EC Overlay and allows recreational uses or potential to use for private parking area. The property has great potential for redevelopment. QEW Highway access just 5.5 km. away and the International Border to USA at Peace Bridge crossing just 3 km. MUST be sold together with 610 Niagara Boulevard.

FOR SALE DETAILS

PRICE

$1,300,000 CAD

PRICE/SF

$124 CAD /SF

# OF UNITS

6

PRICE/UNIT

$216,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1904

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,483 SF

ZONING

C2A

APN/PARCEL ID

270301004913100

ASK ABOUT THIS PROPERTY

Ralph RoselliColliersMore Info
905-329-4175

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Ralph RoselliColliersMore Info
905-329-4175

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