Property
Type, style and structure
- Type
- commercial
- Style
- retail / Retail
+26 more
13,777 ac
Lot
17
Parking
Property Snapshot
Key details for this listing
MLS #X13161710
Lot
Land, frontage and setting
- Lot
- 13,777 ac - 13777
- Frontage
- 120.0 feet
Costs
Price, taxes and monthly charges
- List Price
- $2,999,999
About This Property
This retail in Niagara Falls offers a 13,777 ac lot. The property has lot dimensions of 13777. The home features forced air, natural gas heating, fully air conditioned.
MLS Remarks
TWO PARCELS FOR THE PRICE OF ONE! Secure a prime strategic footprint in the second most visited city in the country. Zoned Tourist Commercial (TC), this coveted assembly sits in the heart of Niagara Falls high-traffic Clifton Hill entertainment subdistrict. Features 5470 Victoria Ave (luxury main-floor restaurant with recently updated 4-bed, 3-bath upper residential space) AND 5480 Victoria Ave (rare 17-car private lot ideal for an automated, zero-maintenance parking gate system). STUNNING SECURED CASH FLOW: Completely de-risked by a stellar lease agreement locking in aggressive contractual escalations: $12,000/m in 2028, $13,500/m in 2030, and $15,000/month in 2032. Collect premium, escalating hassle-free income , plan a future high-rise, or execute a retail boutique store. Located in close proximity to the highly anticipated 50-storey 'Music City' Hotel/Entertainment Hub and 4-level city parking structure. The zoning allows endless possibilities. The window to buy before this pocket explodes is closing fast. Book your private tour today! ***Seller will consider a Vendor Take-Back (VTB) mortgage up to 50% of the purchase price, subject to mutually agreeable terms, conditions, and interest rate. (id:60351)
Inclusions
All Kitchen equipment in Restaurant on main floor
Listing History
MLS# X13161710| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| May 22, 2026 | Listed For Sale | X13161710 | $2,999,999 | — |
MLS data tracked by our system. Earlier records or land registry transfers may not be shown.
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