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Home ON St. Catharines - Niagara Niagara Falls Elgin
5001 VICTORIA AVENUE
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5001 VICTORIA AVENUE $2,995,000
$2,995,000
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5001 VICTORIA AVENUE
Niagara Falls (Cherrywood), Ontario L2E4C9

MLS® Number: X12073919

Listing Description

Income property for Sale in Downtown Niagara Falls. Fully tenanted 17,000 SF Two-Storey Commercial Building located at the SW corner of Victoria Avenue and Simcoe Street. Very close proximity to the Tourist District, this solid brick, well-maintained building offers all NEW & Updated: lighting, flooring, hardware, fire & HVAC, bathroom. Natural light from glass windows across the north and east exposures as well as a portion of the south & west exposures. Comprised of 8,500 SF of second floor fully finished professional office space with a large full kitchen, full appliances, walkout patio, two large board rooms, large separate reception entrance, bullpens with approximately 15 workstations, 11 executive offices plus 3 additional offices, a training room with five executive offices, large printer/scanner room, separate male/female bathrooms, ample space for additional workstations & plenty of file storage (updated office layout to be provided); and 8,500 SF of Ground floor retail space with great exposure currently leased to two retail tenants, ample on-site paved parking, and close & easy to the QEW Highway and two USA Border crossings. exit either side of the building Move-in ready. GC zoning allows many permitted uses. Seller is willing to lease back the 2nd floor office space, terms & conditions TBD. (40221757)

Location Description

Simcoe Street

Property Summary

Property Type
Retail
Community Name
211 - Cherrywood
Land Size
143 x 150 FT
Annual Property Taxes
$39,477.83
Total Parking Spaces
41
Time on REALTOR.ca
14 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Parking
Total Parking Spaces
41

Measurements

Square Footage
17000 sqft

Land

Lot Features
Frontage
143 ft
Land Depth
150 ft
Other Property Information
Zoning Description
GC
Farm Features
Farm Type
Other
Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
Ralph Roselli