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4635 Queen St
Niagara Falls, ON L2E 2L7
Office Property For Sale


EXECUTIVE SUMMARY
Office/Retail investment opportunity with strong re-development potential located in the downtown core of Niagara Falls. Zoned CB2 - Central Business Commercial, and located within a Major Transit Station Area under the Province's Growth Plan, the site supports a wide range of commercial and mixed-use redevelopment options under the Transit Station Secondary Plan (Mixed Use 1 Downtown designation), encouraging residential, retail, office, and transit-oriented development. Ample on-site parking and frontage along three roadways. Strategically located within walking distance to the Niagara Falls Bus Terminal/GO Station. The property also offers the potential for an owner-occupier to move into newly renovated, fresh office space. Contact listing agent for more information and financials.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
16,473 SF
Building Class
C
Year Built/Renovated
1914/2020
Price
$2,900,000 CAD
Price Per SF
$176.05 CAD
Cap Rate
5.96%
NOI
$172,951 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
16,473 SF
Building FAR
0.43
Lot Size
0.88 AC
Zoning
CB2 - Commercial
Parking
30 Spaces (1.82 Spaces per 1,000 SF Leased)
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