5319 Victoria Avenue, Niagara Falls (Cherrywood), Ontario

$699,000

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0.22

Acres

About 5319 Victoria Avenue

When the Premier of Ontario announced last December the vision to transform Niagara Falls into a world-class tourism destination, did you see the opportunity for yourself?With billions of dollars in government investment driving local growth, now is the time to position yourself in tourism, hospitality, dining, and entertainment-or seize this moment to enter the commercial real estate market. This could be your next launching point to ride the wave of growth.5319 Victoria Ave, Niagara Falls is strategically located at the connection of the Rainbow Bridge and Highway 420, with millions of vehicles passing by annually-bringing unmatched exposure and a massive potential customer base. The property is just a 12-minute walk to Clifton Hill, the core commercial and entertainment district of the Falls.The property is zoned General Commercial, allowing for a wide range of uses, including but not limited to: bakery, bank, retail store, medical clinic, parking lot, restaurant, and boutique hotel.Lot size: 80 120 ftBuilding coverage: up to 66% of lot areaMaximum building height: 12 metres.In today's market environment, large-scale developments are becoming increasingly difficult.Projects that offer both stability and strong growth potential are typically:smaller in scale, faster to execute, and lower in risk.The true advantage is not how big you can build-but how efficiently you can enter a high-traffic commercial location at a lower cost.Compared to Clifton Hill core properties, 5319 Victoria Ave offers:Lower land costLess competitionMore accessible entry point-while still benefiting from the strong spillover traffic generated by Clifton Hill.For small-to-mid-sized investors and developers, this represents a rare and compelling opportunity not to be missed. (id:6289)

More Info on this 211 - Cherrywood MLS® listing

5319 Victoria Avenue is a listing for sale in Niagara Falls (Cherrywood). The MLS® number is X12935086. It's currently listed for $699,000. For more details on MLS® X12935086, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in 211 - Cherrywood is available now!

Selling your 211 - Cherrywood property?

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Features of 5319 Victoria Avenue

Listing # X12935086
Price $699,000
Acres 0.22
Type Vacant Land

Community Information

Address 5319 Victoria Avenue
Area 211 - Cherrywood
Subdivision 211 - Cherrywood
City Niagara Falls (Cherrywood)
Province Ontario
Postal Code L2E4E6

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description 0.22

Additional Information

Zoning General Commercial

Listing Details

OfficeRE/MAX NIAGARA REALTY LTD, BROKERAGE

Listing Map

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