3701 Portage Road Unit 6
206 - Stamford / Niagara Falls, ON L2J 2K8
About This Property
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.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13760588
Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$634
/month · $103,920 mortgage
Amortization
Total Interest
$86,376
Total Cost
$190,296
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX GARDEN CITY REALTY INC, BROKERAGE