$6,999,701
Available - For Sale
Listing ID: X12008925
5958 Fallsview Blvd , Niagara Falls, L2G 3V5, Ontario
| ***Prime location Property In The Heart Of Niagara Falls Tourist Area* Walking distance to Falls*Casino*Tourist Fun area*Property covered with stucco & 50 Renovated Rooms in fall 2024 *Living Apartments for Owner/Manager*Good Revenue*Minutes Walk to Falls*Casino*Skyline Tower*Clifton Hills Fun area*Owner spend $$$$$$ on Renovation*Well Maintained condition*No disappointment*** |
| Price | $6,999,701 |
| Taxes: | $52000.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 5958 Fallsview Blvd , Niagara Falls, L2G 3V5, Ontario |
| Postal Code: | L2G 3V5 |
| Province/State: | Ontario |
| Legal Description: | Plan173Ptlots91113And15Np266Rp59R4212Par |
| Lot Size: | 150.00 x 171.00 (Feet) |
| Directions/Cross Streets: | Ferry Street/Fallsview Blvd |
| Category: | With Property |
| Use: | Hotel/Motel/Inn |
| Building Percentage: | N |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 10 |
| Office/Appartment Area Code: | % |
| Industrial Area: | 0 |
| Office/Appartment Area Code: | % |
| Retail Area: | 0 |
| Retail Area Code: | % |
| Area Influences: | Major Highway Public Transit |
| Business/Building Name: | FAIRVIEW INN |
| Financial Statement: | N |
| Chattels: | Y |
| Franchise: | N |
| Days Open: | 7 |
| Hours Open: | 24 |
| Employees #: | 3 |
| Seats: | 0 |
| LLBO: | N |
| Taxes Expense: | $52000 |
| Insurance Expense: | $7716 |
| Management Expense: | 100000 |
| Heat Expenses: | $17000 |
| Hydro Expense: | $16000 |
| Water Expense: | $9000 |
| Other Expenses: | $24000 |
| Gross Income/Sales: | $1000000 |
| Operating Expenses: | $31000 |
| Vacancy Allowance: | 0 |
| Net Income Before Debt: | $700000 |
| Estim Inventory Values At Cost : | 100000 |
| Common Area Upcharge: | 0 |
| Percentage Rent: | 0 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RIGHT AT HOME REALTY |
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Arthur Sercan & Jenny Spanos
Sales Representative
Dir:
416-723-4688
Bus:
416-445-8855
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Niagara |
| Municipality: | Niagara Falls |
| Neighbourhood: | 214 - Clifton Hill |
| Lot Size: | 150.00 x 171.00(Feet) |
| Tax: | $52,000 |
| Maintenance Fee: | $85,000 |
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