$11,555,701
Available - For Sale
Listing ID: X12021707
5951 Clark Ave , Niagara Falls, L2G 3W3, Ontario
| ***Prime Location Concrete Steel Motel with 80 Rooms**2 Decent Living Apartments for Owner/Manager* 83 Seat Restaurant Leased For $50000 + bills Yearly*Very Good Revenue*Minutes Walk to Falls*Casino*Skyline Tower*Clifton Hills fun area*Owner spend $$$$$$ on Renovation*Well Maintained condition*No disappointment*** |
| Price | $11,555,701 |
| Taxes: | $42000.00 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 5951 Clark Ave , Niagara Falls, L2G 3W3, Ontario |
| Postal Code: | L2G 3W3 |
| Province/State: | Ontario |
| Legal Description: | Lt 12 Pl 266 Village Of Niagara Falls; L |
| Lot Size: | 169.00 x 184.00 (Feet) |
| Directions/Cross Streets: | Ferry Street/Stanley Avenue |
| Category: | Accommodation |
| Use: | Hotel/Motel/Inn |
| Building Percentage: | Y |
| Total Area: | 31096.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 1188 |
| Office/Appartment Area Code: | Sq Ft |
| Industrial Area: | 0 |
| Office/Appartment Area Code: | % |
| Retail Area: | 0 |
| Retail Area Code: | % |
| Area Influences: | Major Highway Public Transit |
| Business/Building Name: | Empress Inn |
| Financial Statement: | N |
| Chattels: | Y |
| Franchise: | N |
| Days Open: | 7 |
| Hours Open: | 24 |
| Employees #: | 3 |
| Seats: | 83 |
| LLBO: | N |
| Management Expense: | 100000 |
| Heat Expenses: | $12000 |
| Hydro Expense: | $24000 |
| Water Expense: | $15000 |
| Other Expenses: | $140000 |
| Gross Income/Sales: | $1600000 |
| Year Expenses: | 2023 |
| Expenses Actual/Estimated: | $Est |
| Truck Level Shipping Doors #: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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Years
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At a Glance:
| Type: | Com - Investment |
| Area: | Niagara |
| Municipality: | Niagara Falls |
| Neighbourhood: | 214 - Clifton Hill |
| Lot Size: | 169.00 x 184.00(Feet) |
| Tax: | $42,000 |
| Maintenance Fee: | $10,000 |
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