$2,350,000
Available - For Sale
Listing ID: X12362219
74 Queens Circ , Fort Erie, L0S 1B0, Niagara
| Commercial Mixed-Use Property located at the most prominent spot on Queens Circle in Crystal Beach. This property generates an annual rental income of $138,000 from 3 retail businesses and 5 apartment units, along with a stable income from a well-established variety business currently operated by the owner. Additionally, there is seasonal food truck rental income of $650 per month and significant extra income from a seasonal mini garden centre. During the summer, the area is bustling with visitors from outside who come to enjoy the famous Crystal Beach. The current owner, who has owned the property for 23 years, is now seeking a new owner. If the new owner wishes, the variety store can continue to operate with a monthly rent of $2,500 by the current owner. |
| Price | $2,350,000 |
| Taxes: | $7500.00 |
| Tax Type: | Annual |
| Occupancy: | Owner+T |
| Address: | 74 Queens Circ , Fort Erie, L0S 1B0, Niagara |
| Postal Code: | L0S 1B0 |
| Province/State: | Niagara |
| Legal Description: | LT 35, 36, 41, 42, PL 370 BERTIE, PT LT |
| Directions/Cross Streets: | Queens Cir/Derby Rd |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Multi-Use |
| Use: | Retail Store Related |
| Building Percentage: | T |
| Total Area: | 12563.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 3000 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Days Open: | V |
| Employees #: | 1 |
| Seats: | 0 |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary |
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| KW Living Realty |
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Sachi Patel
Broker
Dir:
647-702-7117
Bus:
6477027117
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Niagara |
| Municipality: | Fort Erie |
| Neighbourhood: | 337 - Crystal Beach |
| Tax: | $7,500 |
| Fireplace: | N |
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