For Sale · Retail

7950 PORTAGE ROAD, Niagara Falls (Chippawa)

7950 PORTAGE ROAD, Niagara Falls (Chippawa), ON L2G5Y8

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

96%

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

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.

Area demographics

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.

Secure deal room

Confidential diligence documents for 7950 PORTAGE ROAD, 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.