$1,888,000
Available - For Sale
Listing ID: X13739646
111 Niagara Boulevard , Fort Erie, L2A 3G3, Niagara
| An exceptional opportunity in one of Fort Erie's most recognizable waterfront corridors. This fully improved, three-level mixed-use commercial property offers nearly 3,500 sq. ft. of finished space and exceptional flexibility for an investor or owner-operator. The main level is a fully equipped commercial space ideally suited for a café, cocktail lounge, wine bar, dessert concept, or hybrid food-and-beverage destination. Features include a kitchenette, bar area, wine cellar, patio seating, exterior service window ideal for ice cream, coffee and seasonal grab-and-go sales, and two 2-piece bathrooms. Liquor licence is transferable and the turn key business known as "Sophia's Cocktail Lounge" along with the chattels, are included with the sale. The second and third levels feature a spacious three-bedroom, two-bathroom apartment, providing additional income potential or an excellent owner's residence. The apartment also features an impressive 560 sq. ft. rooftop terrace and exceptional views of the waterfront. The property is equipped with a monitored security system and offers plenty of parking on the gated property next door, secured through a fully paid 49-year land lease. Ideally positioned near the Niagara River and Peace Bridge, the property benefits from consistent local, tourist and cross-border traffic. A rare opportunity to acquire a versatile, ready-to-operate commercial property with multiple potential revenue streams and minimal startup requirements. |
| Price | $1,888,000 |
| Taxes: | $9400.00 |
| Tax Type: | Annual |
| Occupancy: | Owner |
| Address: | 111 Niagara Boulevard , Fort Erie, L2A 3G3, Niagara |
| Postal Code: | L2A 3G3 |
| Province/State: | Niagara |
| Legal Description: | PT LT 3 W/S NIAGARA ST ON TIER OF LOTS L |
| Directions/Cross Streets: | Niagara Blvd & Forsythe St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Store With Apt/Office |
| Building Percentage: | F |
| Total Area: | 1600.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1846 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Business/Building Name: | Sophia's Cocktail Lounge |
| Sprinklers: | No |
| Washrooms: | 4 |
| Heat Type: | Other |
| Central Air Conditioning: | No |
| Sewers: | Sanitary Availa |
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| REVEL Realty Inc., Brokerage |
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Wally Islam
Real Estate Broker
Dir:
416-949-2626
Bus:
416-293-8500
Fax:
905-913-8585
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Niagara |
| Municipality: | Fort Erie |
| Neighbourhood: | 332 - Central |
| Tax: | $9,400 |
| Baths: | 4 |
| Fireplace: | N |
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