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$ 2,290,000
Est. payment /mo
New
3464 CATTELL Drive Niagara Falls, ON L2G7K7
7,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $305
Subdivision 223 - Chippawa
MLS® Listing ID 40769487
Lot Size 0.680 Acres
Acres 0.68
Property Sub-Type Freehold
Source Cornerstone Association of Realtors
Property Description
Exceptional 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 a projection but a tangible demographic shift that will fundamentally alter the area's landscape, creating a massive, built-in increase in the local population. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 1
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Right at Home Realty
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