5024 Centre Street, Niagara Falls (Clifton Hill), Ontario, L2G3N7
This retail property in Niagara Falls is for sale offering roughly 600 sq ft of space. It has been on the market 9 days, fresher than the Niagara Falls average of 85 days.
Niagara Falls is located on the border of Ontario, Canada and New York State, USA, connecting Lake Ontario and Lake Erie. Millions of years of erosion have given us the privilege of witnessing its current magnificent grandeur. A thousand years of waiting have brought us together at this moment, in this spectacle. However, what we appreciate here is not just scenery, but also an opportunity to create wealth and value.5024 Centre St. is located at the busiest intersection of Clifton Hill and Victoria Road within the scenic area. It is surrounded by entertainment venues, restaurants, and hotels, attracting over 14 million visitors annually. This 600-square-foot shop, designed for tourism-oriented commercial use, can be used as a convenience store, bubble tea shop, takeout restaurant, souvenir retail, etc. Currently, the tenant is a chain convenience store with a long-term lease and stable rent. This not only avoids many inconveniences associated with dealing with residential tenants but also fulfills the investment aspirations of overseas buyers in Niagara. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 9 days on market, against an average age of 85 days across the listings currently for sale in this city
This retail in Niagara Falls (Clifton Hill) has been listed for 9 days, which is 76 days fresher than the city average of 85. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $899,900, about 13.0× the local median household income of $69,000.
Carrying it typically needs a household income of about $175,782 (20% down, 25-yr amortization, stress-tested) — roughly 155% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2G)
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