3701 Portage Road Unit 6, Niagara Falls, ON L2J 2K8

$129,900

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List Price
$129,900
MLS#
X13760588
Status
ACTIVE
Type
Commercial
SubType
Sale Of Business
Province
ON
Municipality
Niagara Falls
Area
Niagara
Neighborhood
206 - Stamford
Subdivision
Portage Rd & Colborne St.

Property Description

Excellent opportunity to acquire a fully equipped restaurant setup - chattels and fixtures sale only in a high-traffic Niagara Falls location. Approx. 673 sq. ft. featuring an impressive approx. 10-ft commercial exhaust hood, commercial kitchen equipment, fixtures and improvements. Strategically located in the Five Corners area, directly across from Sobeys, with Shoppers Drug Mart in the plaza, The Beer Store nearby and minutes from A.N. Myer Secondary School. Current total occupancy cost is less than $2,000/month including Base Rent, TMI and HST. Newly extended 5-year lease to June 14, 2031, plus an additional 5-year renewal option. Excellent turnkey opportunity with low overhead and substantial existing restaurant fit-up. Business name and corporation not included.

Additional Information

Taxes
$11
Heat Type
Gas Forced Air Open
Air Conditioning
Yes
Garage Type
Outside/Surface

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Calculator source: Real Geeks

Listing courtesy of RE/MAX GARDEN CITY REALTY INC, BROKERAGE.