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USD 3,310,368

4318 PORTAGE Road
Niagara Falls, Ontario

Property Description

OFFICE BUILDING FOR SALE CENTRALLY LOCATED ON PORTAGE RD NEAR THOROLD STONE RD. BUILDING IS FULLY RENTED WITH 2 MAJOR TENANTS IMMIGRATION CANADA AND J D BARNES (LAND SURVEYORS). THE BUILDING IS 19500SF WITH 17000 SF ON THE MAIN FLOOR AND AN ADDITIONAL 2500 SF ON THE SECOND FLOOR (WHICH IS ALSO RENTED). THE BUILDING IS IN EXCELLENT CONDITION AS BOTH TENANTS HAVE MADE MAJOR IMPROVEMENTS ON THE INTERIOR. THE SELLER WILL CONSIDER HOLDING THE MORTGAGE TO A QUALIFIED BUYER WITH $1.5 MILLION DOWN PAYMENT AT CURRENT RATES WITH A 5-15 YEAR TERM. The property has net Income of approximately $215,000. Financial statements and leases available upon acceptance of an offer. (id:885)

Courtesy of RE/MAX NIAGARA REALTY LTD, BROKERAGE

Property Details

ID #
40357549
Status
Sale
Type
Other
Postal Code
L2E6A4
Acreage
Yes
Amenities
Public Transit
Area Amenities
Public Transit
Community Features
High Traffic Area
Cooling Type
Central air conditioning
Heating Type
Forced air
Ownership Type
Freehold
Sewer
Sanitary sewer
Size Depth
385 ft
Size Frontage
226 ft
Size Total
1.79 ac|1/2 - 1.99 acres
Utility Water
Municipal water
Zoning Description
GC

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