#205 3714 Portage Road, Niagara Falls (Church's Lane) - Business for Sale
#205 3714 Portage Road, Niagara Falls (Church's Lane), Ontario, L2J2K9
This business in Niagara Falls is for sale. It has been on the market 27 days, fresher than the Niagara Falls average of 53 days.
Description
Excellent opportunity to own a well-established restaurant business operating for approximately 12 years in Niagara Falls' well-known Five Corners/Stamford Centre. Located in a busy grocery-anchored plaza surrounded by established residential neighbourhoods and multiple apartment buildings, providing a strong built-in local customer base. Fully equipped kitchen highlighted by approximately 18 ft. of commercial exhaust hood capacity across two 9-ft systems, offering excellent flexibility for a variety of food concepts. Approximately 804 sq. ft. with established kitchen equipment, fixtures and improvements. Garbage removal and water/sewage included in TMI. Excellent opportunity for an experienced operator or entrepreneur looking for an established restaurant location with substantial kitchen infrastructure. (id:66096)
Property Details
- MLS®
- X13876804
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- GC, R2, R4
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $19.9/yr
- Listed
- 27 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 27 days on market, against an average age of 53 days across the listings currently for sale in this city
This business in Niagara Falls (Church's Lane) has been listed for 27 days, which is 26 days fresher than the city average of 53. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L2J)
This home lists at $159,000, about 2.0× the local median household income of $81,000.
Carrying it typically needs a household income of about $31,058 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $81,000
- Population
- 14,908
- Median age
- 50
- Owner / renter
- 81% / 19%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA L2J)
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$159,000
Niagara Falls