4683 CRYSLER AVENUE, Niagara Falls (Downtown)4683 CRYSLER AVENUE, Niagara Falls (Downtown) — photo 24683 CRYSLER AVENUE, Niagara Falls (Downtown) — photo 34683 CRYSLER AVENUE, Niagara Falls (Downtown) — photo 44683 CRYSLER AVENUE, Niagara Falls (Downtown) — photo 54683 CRYSLER AVENUE, Niagara Falls (Downtown) — photo 64683 CRYSLER AVENUE, Niagara Falls (Downtown) — photo 74683 CRYSLER AVENUE, Niagara Falls (Downtown) — photo 84683 CRYSLER AVENUE, Niagara Falls (Downtown) — photo 94683 CRYSLER AVENUE, Niagara Falls (Downtown) — photo 104683 CRYSLER AVENUE, Niagara Falls (Downtown) — photo 114683 CRYSLER AVENUE, Niagara Falls (Downtown) — photo 124683 CRYSLER AVENUE, Niagara Falls (Downtown) — photo 134683 CRYSLER AVENUE, Niagara Falls (Downtown) — photo 144683 CRYSLER AVENUE, Niagara Falls (Downtown) — photo 154683 CRYSLER AVENUE, Niagara Falls (Downtown) — photo 164683 CRYSLER AVENUE, Niagara Falls (Downtown) — photo 174683 CRYSLER AVENUE, Niagara Falls (Downtown) — photo 184683 CRYSLER AVENUE, Niagara Falls (Downtown) — photo 194683 CRYSLER AVENUE, Niagara Falls (Downtown) — photo 20
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For Lease · Retail

4683 CRYSLER AVENUE, Niagara Falls (Downtown)

4683 CRYSLER AVENUE, Niagara Falls (Downtown), ON L2E3V7

$18 per sq ft / yr

2,425 SF

Asset Class

Retail

Size

2,425 SF

Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

$0

Occupancy

92%

Lot Size

2425 ac

About this property

Prime commercial lease opportunity in the heart of Niagara Falls' revitalized downtown, just off Queen St. and close to the GO Station and the proposed new university. This 2,425 sq. ft. space + 242sq ft patio, offers high-visibility frontage, strong foot traffic, and surroundings that include busy retailers and major tourist attractions. The unit suits a restaurant or bar operator, or other retail businesses, with an open concept clean slate to make your own design and optimize the space as needed. Commercial zoning allows uses beyond a restaurant. The space requires renovations, making it ideal for an operator who wants to design a custom concept. Landlord incentive includes up to 6 months' free rent. Tenant is responsible for utilities, maintenance, renovations, insurance and improvements. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$18
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.43%

DSCR

0.92

Going-in cap

5.11%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Halcyon Wealth Partners2,241 SF2031-01

Area demographics

Trade area within 3 miles of the property.

Population

44,227

Households

15,443

Median income

$79,000

Median age

43.2

Daytime population

52,892

5-yr growth

8.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 4683 CRYSLER AVENUE, Niagara Falls (Downtown).

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.