131-139 Niagara
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$2,500,000

131-139 Niagara

Fort Erie (Central), Ontario, L2A3G6

Active
14,000
Sq Ft

About This Property

This retail in Fort Erie (Central) offers 14,000 sq ft of living space. The home features forced air, natural gas heating, fully air conditioned.

MLS Remarks

Calling all investors! Welcome to 131-139 Niagara Boulevard, an approximately 14,000 sq. ft. mixed-use building offering incredible flexibility and growth potential under CMU6-612 zoning with the ability to expand up to 5 storeys. This solid concrete-and-brick structure is built to last, with the main utilities trunk line running through the center for ease of future modifications, and its ideally positioned on Niagara Boulevard with excellent visibility, close to major amenities, and even offering river views from select areas of the building. The property currently features 4 main floor commercial units (3 currently being rented) and 3 residential units, while a large back room and an abundance of additional space throughout the building allow for endless expansion possibilitieswhether thats more residential units, retail space, storage, or custom business use. Notably, a section of the building has been professionally built out and equipped as a recording studio, complete with specialized infrastructure that offers a unique opportunity for music, media, or production businesses to thrive, or for investors to capitalize on niche rental demand. Combined with a good-sized section of the lot available for parking, this is truly an investors dream and a rare chance to secure a high-value asset in a thriving area. This Property CAN BE SOLD AS A PACKAGE WITH 155 Niagara Boulevard (PIN: 644730148) and PT LT 2 Niagara Boulevard (PIN: 644730149). ALL THREE (3) PARCELS WOULD BE BEING SOLD TOGETHER FOR $3,500,000.00. (id:60351)

Overview

Property Typeresidential
Sub-Typeretail
StatusActive
MLS #X12376122

Interior

HeatingForced air, Natural gas
CoolingFully air conditioned

Fees & Taxes

Annual Taxes$20,396.84 (2025)

Listing Information

MLS#: X12376122


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$500,000
5%20%50%
Estimated Monthly Payment
$11,117
/month
Mortgage
$2,000,000
Total Interest
$1,334,995

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$48,975
Total Due on Closing$48,975

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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