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$2,350,000
Est. payment /mo
12,563 SqFt
New
74 Queens CIR Fort Erie, ON L0S 1B0
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 12,563 sqft
Price per Sqft $187
Subdivision 337 - Crystal Beach
MLS Listing ID X12362219
Annual Tax Amount $7,500
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Commercial Mixed-Use Property located at the most prominent spot on Queens Circle in Crystal Beach. This property generates an annual rental income of $138,000 from 3 retail businesses and 5 apartment units, along with a stable income from a well-established variety business currently operated by the owner. Additionally, there is seasonal food truck rental income of $650 per month and significant extra income from a seasonal mini garden centre. During the summer, the area is bustling with visitors from outside who come to enjoy the famous Crystal Beach. The current owner, who has owned the property for 23 years, is now seeking a new owner. If the new owner wishes, the variety store can continue to operate with a monthly rent of $2,500 by the current owner.
Location
Province ON
County Niagara
Community 337 - Crystal Beach
Area Niagara
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 73.86
Others
Security Features No
Listed by KW Living Realty