$2,290,000
Available - For Sale
Listing ID: X12401255
3464 Cattell Driv , Niagara Falls, L2G 7K7, Niagara
| 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. |
| Price | $2,290,000 |
| Taxes: | $28984.89 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 3464 Cattell Driv , Niagara Falls, L2G 7K7, Niagara |
| Postal Code: | L2G 7K7 |
| Province/State: | Niagara |
| Legal Description: | PLAN 11 PT BLK K NP 260 RP 59R -4267 PAR |
| Directions/Cross Streets: | Willoughby x Cattell |
| 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: | Retail |
| Use: | Retail Store Related |
| Building Percentage: | T |
| Total Area: | 7500.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| RIGHT AT HOME REALTY |
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RAY NILI
Broker
Dir:
(416) 837 7576
Bus:
(905) 731 2000
Fax:
(905) 886 7557
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Niagara |
| Municipality: | Niagara Falls |
| Neighbourhood: | 223 - Chippawa |
| Tax: | $28,984.89 |
| Fireplace: | N |
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