5951 Clark Avenue, Niagara Falls (Clifton Hill) - Business for Sale
5951 Clark Avenue, Niagara Falls (Clifton Hill), Ontario, L2G3W3
This business in Niagara Falls is for sale offering roughly 31,096 sq ft of space.
Description
***Prime Location Concrete Steel Motel with 80 Rooms**2 Decent Living Apartments for Owner/Manager* 83 Seat Restaurant Leased For $50000 + bills Yearly*Very Good Revenue*Minutes Walk to Falls*Casino*Skyline Tower*Clifton Hills fun area*Owner spend $$$$$$ on Renovation*Well Maintained condition*No disappointment*** (id:66096)
Property Details
- MLS®
- X13002960
- Property Type
- Business
- Business Type
- Accommodation
- Zoning
- Accommodation Hotel/Motel Inc.
- Interior Size
- 31,096 ft²
- Lot Size
- 169 × 184 ft (31,096 sq ft)
- Frontage
- 169 ft
- Heating
- Baseboard heaters
- Cooling
- Fully air conditioned
- Property Tax
- $42,000/yr
- Listed
- 203 days ago
Features
- Appliances
- All, Furniture
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 203 days on market, against an average age of 85 days across the listings currently for sale in this city
This business in Niagara Falls (Clifton Hill) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L2G)
This home lists at $11,555,701, about 167.5× the local median household income of $69,000.
Carrying it typically needs a household income of about $2,257,233 (20% down, 25-yr amortization, stress-tested) — roughly 3171% above the area median.
- Median household income
- $69,000
- Population
- 30,344
- Median age
- 44.8
- Owner / renter
- 63% / 37%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA L2G)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$11,555,701
Niagara Falls