haho.ca
$329,000
For sale

#4 4465 Drummond Road, Niagara Falls (Morrison) - Business for Sale

#4 4465 Drummond Road, Niagara Falls (Morrison), Ontario, L2E6C5

6,300 ft²Listed 37 days ago
Overview

This business in Niagara Falls is for sale offering roughly 6,300 sq ft of space. It has been on the market 37 days, fresher than the Niagara Falls average of 51 days.

Description

Excellent opportunity to acquire a fully built-out, turnkey indoor playground and family entertainment centre in the Niagara Region. The facility has been professionally developed for families, birthday parties, group events and children's entertainment, with significant investment already made in leasehold improvements, attractions, play equipment, modern jungle gym, furniture, fixtures and operating equipment. The asking price is $329,000, while the estimated cost to develop a comparable facility today exceeds $600,000. This provides a purchaser with the opportunity to acquire an established, fully equipped location while avoiding a significant portion of the capital investment, construction time and setup required to develop a new facility from scratch. This is an asset sale only. The sale includes the physical assets, equipment and leasehold improvements associated with the location. The business name, trademarks, branding, website, domain, social media accounts, Google Business Profile, customer data and other intellectual property are not included in the sale. A detailed equipment and asset list, lease information and other relevant information can be made available to qualified prospective purchasers following execution of a confidentiality agreement. Proof of financial capability may be requested before confidential information is released. *For Additional Property Details Click The Brochure Icon Below* (id:66096)

Property Details

MLS®
X13837992
Property Type
Business
Zoning
GC
Interior Size
6,300 ft²
Frontage
6,300 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
37 days ago

Features

Appliances
Furniture

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
37d
Niagara Falls (Morrison) listings, avg age
51d
Price / ft²
$52
List price
$329K

Extended: 37 days on market, against an average age of 51 days across the listings currently for sale in this city

Haho

This business in Niagara Falls (Morrison) has been listed for 37 days, which is 14 days fresher than the city average of 51. Act while there is still low competition.

Listed by ICI SOURCE REAL ASSET SERVICES INC. · JAMES TASCA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2E)

This home lists at $329,000, about 5.4× the local median household income of $60,800.

Carrying it typically needs a household income of about $64,265 (20% down, 25-yr amortization, stress-tested) — roughly 6% above the area median.

Median household income
$60,800
Population
18,587
Median age
46.4
Owner / renter
61% / 39%
Avg. household size
2.2

Source: Statistics Canada, 2021 Census (FSA L2E)

$329,000· $52/ft²
For sale

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Financing

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$329,000

Niagara Falls

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