Business For Sale · Specialty

8163 CUMMINGTON SQUARE E, Niagara Falls (Chippawa)

8163 CUMMINGTON SQUARE E, Niagara Falls (Chippawa), ON L2G6W1

$2.5M total

9,028 SF

Asset Class

Specialty

Size

9,028 SF

Building class

C

Zoning

DC2 — Site Specific

$ / SF

$277

Occupancy

85%

About this property

"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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.50M
Down payment30% · $750K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

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.

Rent roll (estimated)

TenantAreaExpiry
Meridian Health Group7,701 SF2029-09

Area demographics

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.

Secure deal room

Confidential diligence documents for 8163 CUMMINGTON SQUARE E, Niagara Falls (Chippawa).

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.