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$2.5M total
9,028 SF
Asset Class
Specialty
Size
9,028 SF
Building class
C
Zoning
DC2 — Site Specific
$ / SF
$277
Occupancy
85%
"Riverside Tavern/Grill" Price Includes: Land, Building, Business, Equipment, Chattels & 11 Rooms above to Rent. The Entire Exterior & Interior have been Totally Updated & all New. Also all New Equipment, Brand New Renovated 11 rooms above. The upstairs could be converted to Owners house plus still have Private rooms to rent.Turn key operation. Established business. Prime Niagara River Location, Water Front with Amazing Views. Huge New Covered Patio Overlooking River. plus outdoor patio & band shelter. Excellent Investment! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$12K
Projected NOI
$164K
Annual cash flow
$26K
Cash-on-cash
3.44%
DSCR
1.19
Going-in cap
6.57%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Meridian Health Group | 7,701 SF | 2029-09 |
Trade area within 3 miles of the property.
Population
130,071
Households
55,664
Median income
$75,500
Median age
43
Daytime population
111,921
5-yr growth
6.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 8163 CUMMINGTON SQUARE E, Niagara Falls (Chippawa).
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.