5470 + 5480 Victoria Avenue, Niagara Falls (Clifton Hill), Ontario

$2,888,000

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13777.00

Acres

About 5470 + 5480 Victoria Avenue

TWO PARCELS FOR THE PRICE OF ONE! Secure a prime strategic footprint in the second most visited city in the country. Zoned Tourist Commercial (TC), this coveted assembly sits in the heart of Niagara Falls high-traffic Clifton Hill entertainment subdistrict. Features 5470 Victoria Ave (luxury main-floor restaurant with recently updated 4-bed, 3-bath upper residential space) AND 5480 Victoria Ave (rare 17-car private lot ideal for an automated, zero-maintenance parking gate system). STUNNING SECURED CASH FLOW: Completely de-risked by a stellar lease agreement locking in aggressive contractual escalations: $12,000/m in 2028, $13,500/m in 2030, and $15,000/month in 2032. Collect premium, escalating hassle-free income , plan a future high-rise, or execute a retail boutique store. Located in close proximity to the highly anticipated 50-storey 'Music City' Hotel/Entertainment Hub and 4-level city parking structure. The zoning allows endless possibilities. The window to buy before this pocket explodes is closing fast. Book your private tour today! (id:6289)

More Info on this 214 - Clifton Hill MLS® listing

5470 + 5480 Victoria Avenue is a listing for sale in Niagara Falls (Clifton Hill). The MLS® number is X14137006. It's currently listed for $2,888,000. For more details on MLS® X14137006, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in 214 - Clifton Hill is available now!

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Features of 5470 + 5480 Victoria Avenue

Listing # X14137006
Price $2,888,000
Acres 13,777.00
Type Retail

Community Information

Address 5470 + 5480 Victoria Avenue
Area 214 - Clifton Hill
Subdivision 214 - Clifton Hill
City Niagara Falls (Clifton Hill)
Province Ontario
Postal Code L2G3L2

Amenities

Parking Spaces 17
Is Waterfront No
Has Pool No

Interior

Heating Forced air, Natural gas
Cooling Fully air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description 13777

Additional Information

Zoning TC

Listing Details

OfficeROYAL LEPAGE NRC REALTY

Listing Map

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