7,500 ft2
Fully Air Conditioned
Forced Air
$2,290,000
It is an investment in a location that is already thriving and is set to flourish, representing a strategic acquisition for a discerning investor seeking both immediate returns and significant long-term appreciation in a premier Niagara regioExceptional investment opportunity in the heart of Chippawa, one of Niagara Falls most charming and historic communities. The historic community of Chippawa, a charming gateway to the global tourist destination of Niagara Falls, offers a rare investment opportunity that transcends traditional commercial real estate. This is more than just a six-unit retail plaza; it is a strategic asset positioned at the nexus of stability and extraordinary future growth The property provides a reliable and steady income stream, a direct result of its prime location and a thoughtfully curated tenant mix. Situated just a five-minute drive from the iconic Horseshoe Falls, the plaza naturally benefits from the millions of tourists who frequent the area, ensuring a consistent flow of foot traffic. Its strong visibility and convenient access make it a central hub for the local community, fostering a loyal customer base that complements the seasonal influx of visitors. This dual-market appeal provides a solid foundation for financial performance. The true value of this offering lies in its future potential. The immediate vicinity is on the cusp of a significant transformation, apply to development of 900 new residential units. This planned expansion is not projection but a tangible demographic shift that will fundamentally alter the area's landscape, creating a massive, built-in increase in the local population. For this plaza, it means a direct and dramatic rise in potential customers, guaranteed to amplify demand for goods and services, and by extension, for the commercial space itself.In a market where secure, high-yield opportunities are increasingly scarce, this property stands out. (id:50976)
Business
|
Business Type
|
Retail and Wholesale |
|
Business Sub Type
|
Retail misc. |
Property Details
|
MLS® Number
|
X12401255 |
|
Property Type
|
Retail |
|
Community Name
|
223 - Chippawa |
|
Features
|
Irregular Lot Size |
|
Parking Space Total
|
40 |
Building
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
7,500 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
158 Ft ,1 In |
|
Size Frontage
|
128 Ft ,1 In |
|
Size Irregular
|
0.68 |
|
Size Total
|
0.68 Ac |
|
Size Total Text
|
0.68 Ac |
|
Zoning Description
|
Gc |
https://www.realtor.ca/real-estate/28857669/3464-cattell-drive-niagara-falls-chippawa-223-chippawa
