

1/37950 PORTAGE ROAD, Niagara Falls (Chippawa), ON L2G5Y8
Price on request
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Asset Class
Retail
Size
—
Building class
A
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
96%
Approximately 1,200 sq. ft. of ground-floor commercial space with a patio at 7950 Portage Road, Niagara Falls, ON L2G 5Y8, located within an established motel property on well-travelled Portage Road. This versatile unit offers excellent exposure to both tourist and local traffic, with a built-in customer base from motel guests on site and a short drive to Fallsview Casino, Clifton Hill, the Niagara River, and the Marineland area. Formerly operated as a restaurant and bar, the space is well suited to a return to restaurant, lounge, café, or quick-service use, and its TC zoning also lends itself to a wide range of other tourist-commercial concepts, including retail, personal services, and professional office use, subject to municipal approvals. An ideal opportunity for an operator seeking a compact, high-visibility location in one of Canada's most visited destination cities. (id:66811)
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Monthly debt service
$7K
Projected NOI
$84K
Annual cash flow
$775
Cash-on-cash
0.17%
DSCR
1.01
Going-in cap
5.59%
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.
Trade area within 3 miles of the property.
Population
115,775
Households
45,987
Median income
$80,500
Median age
43.3
Daytime population
114,695
5-yr growth
8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 7950 PORTAGE ROAD, 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.