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$1,099,000
Thorold
13330 Lundy's Lane, Thorold (Allanburg/Thorold South), Ontario, L0S1A0
This retail property in Thorold is for sale.
Welcome to 13330 Lundy's Lane! Situated on a prominent 130' x 130' corner lot backing onto the Welland Canal, this unique mixed-use commercial property offers exceptional exposure in a rapidly growing area just minutes from Niagara Falls, expanding residential subdivisions, places of worship, and a variety of local amenities.The commercial component features approximately 1,500 sq. ft. of indoor seating and kitchen space, a fully equipped commercial kitchen, 3 washrooms, and a spacious outdoor patio previously licensed for up to 110 patrons. The expansive lot also provides ample on-site parking and additional outdoor space for storage or future expansion.Above the commercial space is a spacious residential unit offering 4 bedrooms and 3 bathrooms, along with a lower-level in-law suite featuring 1 bedroom and 1 bathroom, creating excellent flexibility for owner occupancy, multi-generational living, or supplementary rental income. Neighbourhood Commercial zoning permits a wide range of business uses, making this an outstanding opportunity for restaurateurs, expanding businesses, investors, entrepreneurs, and developers alike. A rare opportunity to acquire a high-visibility property with strong income potential and future development upside in one of Niagara's growing communities. Book your private showing today! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 180 days on market, against an average age of 89 days across the listings currently for sale in this city
This retail in Thorold (Allanburg/Thorold South) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,099,000, about 11.6× the local median household income of $95,000.
Carrying it typically needs a household income of about $214,673 (20% down, 25-yr amortization, stress-tested) — roughly 126% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0S)
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