131-139 NIAGARA BOULEVARD
Fort Erie (Central), Ontario
MLS® X12376122
$2,500,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X12376122
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 31Listing description
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.
Property summary
- MLS® number
- X12376122
- Property type
- Retail
- Square footage
- 14,000 sq ft
- Land size
- 124.29 x 149.99 FT
- Annual property taxes
- $20,396.84
- Parking
- Other
- Days on market
- 361 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Lot features
- Irregular lot size
What would this home cost you?
Based on the $2,500,000 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 ROYAL LEPAGE NRC REALTY, RIDGEWAY.
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.