For Lease · Office

4932 VICTORIA Avenue, Niagara Falls

4932 VICTORIA Avenue, Niagara Falls, ON L2E4C6

Price on request

800 SF

Asset Class

Office

Size

800 SF

Building class

B

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

83%

Year Built

1958

About this property

Commercial unit for lease located within walking distance To The busiest Street. Close to high-traffic areas Great Exposure And Very Close To The Falls Attractions. Stable Customers Flow. Great Opportunity To start your own business or office, training centre PERFECT COMMERCIAL SPACE IN IDEAL CENTRAL NIAGARA FALLS, CLOSE TO MANY AMENITIES. This is approximately 800 sq.ft. the main floor including two washroom. CAN BE USED FOR MANY TYPES of Retail, service or office.The property is in a convenient location at the corner of Simcoe St and Victoria St. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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
Halcyon Wealth Partners400 SF2029-10
Halcyon Wealth Partners400 SF2029-10
Halcyon Wealth Partners400 SF2029-10
Halcyon Wealth Partners400 SF2029-10

Area demographics

Trade area within 3 miles of the property.

Population

113,762

Households

40,098

Median income

$109,500

Median age

34.5

Daytime population

97,972

5-yr growth

7.2%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 4932 VICTORIA Avenue, Niagara Falls.

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.