Fort Erie L0S 1B0

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: Pets No

Financials

Price:C2,350,000
($1,701,353)
(€1,443,292)
Annual Taxes:C7,500
505 Park Ave, New York, NY 10022

Description

Commercial Mixed-Use Property located at the most prominent spot on Queens Circle in Crystal Beach. This property generates an annual rental income of $138,000 from 3 retail businesses and 5 apartment units, along with a stable income from a well-established variety business currently operated by the owner. Additionally, there is seasonal food truck rental income of $650 per month and significant extra income from a seasonal mini garden centre. During the summer, the area is bustling with visitors from outside who come to enjoy the famous Crystal Beach. The current owner, who has owned the property for 23 years, is now seeking a new owner. If the new owner wishes, the variety store can continue to operate with a monthly rent of $2,500 by the current owner.

Commercial Mixed Use Property located at the most prominent spot on Queens Circle in Crystal Beach.


    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.