Message Number398793
statusActive
Subject LineHave, Great Location in Booming City of Niagara Falls, Medical Building in Excellent Condition. Asking $5,100,000.00. Priced at lower than construction cost.
Business area
Canada
Ontario
Niagara Region
Niagara Falls
Location, CityNaigara Falls
Have/WantHave
Business categoryShopping Centres/Strip Plazas/Retail
Commercial Buildings/Hotels/Motels
Office & Medical Buildings
Sites Commercial and Industrial
Subdivision Potential/Condo Sites/Townhouse Sites/Building Lots
Apartment buildings/multi unit/condo townhouse projects/investments
Net Leased Investment
Date of ListingJune 9 2021
Type DescriptionCommercial Building
LocationNaigara Falls
Price$5,100,000.00
Price CommentFor Sale
Building area22070
ZoningGeneral Commercial ( GC)
Gross IncomePotential : $ 378, 845.00
Expenses$ 121,930.00
Net IncomePotential $ 256, 915.00
Cap Rate5.03%
CommentsGreat Location in Booming City Of Niagara Falls, Attractive 22070 sq Ft Office / Medical Building In Excellent Condition. Exposure near Hwy 420 / Drummond Road Interchange with access from 3 roads. Asking $5,100,000.00. Zoning allows uses like Religious place, Funeral Home, Hotel, Motel, Nursing Home and much more. 22 Rentable Units, 19 Existing Tenants with Mix Of Good Tenants. Priced at lower than construction cost.
Internet Links
Client DetailsPassive Investor
Client SituationNo Real Problem
Clients ObjectiveTrade Up
Motivation RatingAll Cash at Retail
Client Will-- NONE --
Client Wants-- NONE --
Explain Client's MotivationMotivated Seler
ControlRegular Client
NameHarjit Jaswal, CCIM, CIPS, FRI
TitleBroker of Record
Company NameTownville Realty Inc., Brokerage
Address Line One6201 Highway 7 Unit 10
CityVaughan
State/ProvinceOntario
Zip/Postal CodeL4H 0K7
CountryCanada
Business Phone Number(905)265-2111
Cell Number416-737-1010
Email AddressSend Email
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