1 - 111 NIAGARA BOULEVARD
Fort Erie (Central), Ontario
MLS® X13739646
$1,888,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X13739646
- Bedrooms
- —
- Bathrooms
- 4
- Year built
- —
Listing description
An exceptional opportunity in one of Fort Erie's most recognizable waterfront corridors. This fully improved, three-level mixed-use commercial property offers nearly 3,500 sq. ft.
of finished space and exceptional flexibility for an investor or owner-operator. The main level is a fully equipped commercial space ideally suited for a café, cocktail lounge, wine bar, dessert concept, or hybrid food-and-beverage destination. Features include a kitchenette, bar area, wine cellar, patio seating, exterior service window ideal for ice cream, coffee and seasonal grab-and-go sales, and two 2-piece bathrooms.
Liquor licence is transferable and the turn key business known as "Sophia's Cocktail Lounge" along with the chattels, are included with the sale. The second and third levels feature a spacious three-bedroom, two-bathroom apartment, providing additional income potential or an excellent owner's residence. The apartment also features an impressive 560 sq.
ft. rooftop terrace and exceptional views of the waterfront. The property is equipped with a monitored security system and offers plenty of parking on the gated property next door, secured through a fully paid 49-year land lease.
Ideally positioned near the Niagara River and Peace Bridge, the property benefits from consistent local, tourist and cross-border traffic. A rare opportunity to acquire a versatile, ready-to-operate commercial property with multiple potential revenue streams and minimal startup requirements.
Property summary
- MLS® number
- X13739646
- Property type
- Retail
- Building type
- Residential Commercial Mix
- Size
- 1,600 sq ft
- Land size
- 30.08 x 68 FT
- Annual property taxes
- $9,400.00
- Parking
- 30 spaces
- Days on market
- 27 days
Features & details
- Heating
- Other
- Cooling
- None
What would this home cost you?
Based on the $1,888,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REVEL Realty Inc., Brokerage, St. Catharines.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.