Building and Land For Sale Only in Niagara Falls

Property Description

Best Bldg In The Block! Brick Multi Unit Consisting Of 2 Commercial And 3 Residential Units. Liberty Tax Service Just Signed New 5yr Lease At $1356/Mth Incl Hst Plus Bills Until 2013, And Then $1469 To 2016, (41/2 Yrs Left O Lease), Tattoo Shop Has 3 More Yrs On Lease At $649.75 Hst Incl Plus Hydro Until Oct 2012 And $678 From Oct 2012 Until 2015. Residenital Apartments Rent At $528, $528, $525 Per Mth Plus Hydro. 2-2brs And 1-1br (1br Presently Vacant). Large Rear Parking Lot. Reroofed 10yrs Ago. Main Floor Back Space Could Be Renovated With A 4th Residential Unit. Fire Inspection Last Done November 2010

Property Type:		Commercial
MLS#		N30001012
Taxes:		$6,361

PROPERTY HIGHLIGHTS

General Information
Type: Mixed Use, Residential,Retail,Tourist
Possession: I/W/T
Building Style: Free Standing
Number of Units: 5
Zoning: GC

Site
Lot Size: 52.5X196
Acreage: 0.0
Total Square Footage: 4500
Construction: Brick,Concrete Block
Exterior Finish: Brick,Concrete Block
Flooring: Wood
Roof Style: Flat
HVAC Fuel: Natural Gas,Water
Water Supply: Municipal
Sewer Type: Sanitary Connected
Site Influences: Ample Parking,Downtown,Shopping Nearby

Financial
Gross Rental Income: 43041.0
GST: Applic
Proformas Available: Yes
Mortgage Information: Purchaser to Arrange
Condo Fee: 0.0

Highlights
Exterior Signage,Signs Allowed,Store Front
Fire Protection: Carbon Monoxide Detector,Smoke Detector