1/85924 MAIN STREET, Niagara Falls (Dorchester)
5924 MAIN STREET, Niagara Falls (Dorchester), ON L2G5Z8
Price on request
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Asset Class
Retail
Size
—
Building class
A
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
91%
About this property
A profitable and fully operational restaurant is now available for sub lease in a primelocation just minutes from Niagara Falls. This turnkey business is situated in a high-trafficarea and features seating for over 34 guests, private on-site parking, and a fully renovatedinterior that creates a welcoming and modern atmosphere. The restaurant is equipped with anewer air-conditioning unit for added comfort, and the kitchen is both spacious and efficientlydesigned, complete with all necessary equipment, including a commercial cooler and freezer.With everything in place and ready to start operations immediately, this is a rare opportunityfor an entrepreneur or investor to step into a successful business with strong income potentialin one of the most desirable areas near Niagara Falls. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$77K
Annual cash flow
$-6K
Cash-on-cash
-1.26%
DSCR
0.93
Going-in cap
5.16%
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.
Area demographics
Trade area within 3 miles of the property.
Population
94,120
Households
38,570
Median income
$108,500
Median age
31.5
Daytime population
95,695
5-yr growth
5.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 5924 MAIN STREET, Niagara Falls (Dorchester).
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.