Welcome to this remarkable [] industrial located in the coveted neighborhood of 221 - Marineland. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $17,000,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Existing Tenant occupies 73,005 sq ft approximately at net $10.75 sq ft, generating $784,803 net annually, there is another 51,000 sq ft available for lease at $12.00 net with the potential of earning another $600,000 net for a potential total of $1,375,000 approximately pushing the cap rate to 8%. In addition to the great cap rate there is another 3 surplus acres to expand (50,000sq ft +) on if needed. There is additional 10 acres (serviced) available to purchase at $3,500,000 adjacent to the existing site. Both sites are environmentally clean.
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Greenbelt/Conservation, Major Highway
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 8699 Stanley Avenue, Niagara Falls, ON L2G 0E1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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