$999,000

4087 Portage Road

Niagara Falls ON, L2E 5J9

Description

Opportunity is knocking! Calling all investors, entrepreneurs and visionaries: this is the perfect property for you. This detached well maintained property shows pride of ownership from top to bottom. This General Commercial zoned property is located in the North end of Niagara Falls close to many amenities and sits in between Drummond and Portage, near 5 corners intersection. This property was originally a 4 plex but it is currently running as a main floor Hair Salon with 2, one bedroom units above. So if you're looking for a turn key business with rental income, this is the property for you. If you're more of an investor type, the main floor could easily be turned back into 2 residential units making it a 4 plex once again. The partially finished basement with electrical and plumbing in place also boasts potential for 2 additional units to be created. Finally, if you are the visionary buyer, then this property is perfect to do an addition to with tons of space to add on to the existing property. The current property offers two single driveways for the 1 bedroom apartments, and the Barber shop offers 10 parking spaces. The whole property can accommodate up to 14 cars. This property has been well maintained and has many updates over the past 10 years such as Roof, Windows, Exterior Siding, Stucco, 2 A/C units, 2 Furnaces, 2 Owned Hot Water Heaters and the building is powered by 2 - 100 amp electrical panels. Don't miss out on this incredible opportunity to own an amazing building with so much future potential.

Details

MLS#40076976
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site38

Features

Units3
Building(s)1
Loading Form
Loading Form
Area Information
ProvinceON
CountyNiagara
CityNiagara Falls
Postal CodeL2E 5J9
AreaNiagara Falls
Listing VS Median (in L2E 5J9)
Price:
$999,000
low | high
Med:
$999,000
50% of Average
On Site:
38
low | high
Med:
38
100% of Average
Sourced by Back At You
Listing Updated: April 17, 2021 8:01:00 PM PDT
MICHAEL JOSEPH FOSSEY LogoMLS Number: 40076976
Listing Provided By:
MICHAEL JOSEPH FOSSEY  of  REVEL Realty Inc. Brokerage
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.