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$2,290,000
Est. payment /mo
7,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $305
Subdivision 223 - Chippawa
MLS Listing ID X12401255
Annual Tax Amount $28,984
Tax Year 2025
Property Sub-Type Commercial Retail
Lot Depth 158.15
Lot Front 128.16
Property Description
It is an investment in a location that is already thriving and is set to flourish, representing a strategic acquisition for a discerning investor seeking both immediate returns and significant long-term appreciation in a premier Niagara regioExceptional investment opportunity in the heart of Chippawa, one of Niagara Falls most charming and historic communities. The historic community of Chippawa, a charming gateway to the global tourist destination of Niagara Falls, offers a rare investment opportunity that transcends traditional commercial real estate. This is more than just a six-unit retail plaza; it is a strategic asset positioned at the nexus of stability and extraordinary future growth The property provides a reliable and steady income stream, a direct result of its prime location and a thoughtfully curated tenant mix. Situated just a five-minute drive from the iconic Horseshoe Falls, the plaza naturally benefits from the millions of tourists who frequent the area, ensuring a consistent flow of foot traffic. Its strong visibility and convenient access make it a central hub for the local community, fostering a loyal customer base that complements the seasonal influx of visitors. This dual-market appeal provides a solid foundation for financial performance. The true value of this offering lies in its future potential. The immediate vicinity is on the cusp of a significant transformation, apply to development of 900 new residential units. This planned expansion is not projection but a tangible demographic shift that will fundamentally alter the area's landscape, creating a massive, built-in increase in the local population. For this plaza, it means a direct and dramatic rise in potential customers, guaranteed to amplify demand for goods and services, and by extension, for the commercial space itself.In a market where secure, high-yield opportunities are increasingly scarce, this property stands out.
Location
Province ON
County Niagara
Community 223 - Chippawa
Area Niagara
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 128.16
Lot Depth 158.15
Others
Security Features No
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Listed by RIGHT AT HOME REALTY
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