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$ 4,799,999
Est. payment | /mo
11,492 SqFt
$ 4,799,999
Est. payment | /mo
11,492 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 11,492 sqft
Price per Sqft $417
Subdivision 218 - West Wood
MLS Listing ID X11949960
Building Age 6-15
Annual Tax Amount $51,626
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Spiga DOro Plaza is an exceptionally well-built commercial plaza offering an outstanding investment opportunity in the heart of Niagara Falls. Constructed in 2016, this 11,492 square-foot retail complex features four high-visibility storefront units and a premium commercial bakery space, all are well designed for long-term success. Key Property Highlights: 0.86 Acres Lot size (150ft x 249 ft). Total Gross Floor Area: 11,492 sq. ft. Storefront Retail Units: 1,803 sq. ft., 1,770 sq. ft., 1,172 sq. ft., and 2,354 sq. ft. + 4,393 sq. ft. Commercial Bakery. Anchor Tenant: La Farina Bakery, a Niagara Region staple, operates from a combined 3,526 sq. ft. retail storefront and an additional 4,393 sq. ft. commercial bakery space in the rear. Bakery Features: Includes a dedicated loading zone and a 9.5-foot roller door for seamless operations. Construction & Features: Built in 2016, 15-foot ceilings, Striking architectural design, State-of-the-art fire suppression & sprinkler systems, 4 Independent utility services, Ample parking with 35 spaces. Investment Potential:This high-traffic location on Lundy's Lane is home to three exceptional, long-term tenants, ensuring strong rental income and market stability. With excellent market rent potential, this plaza presents a rare opportunity for investors seeking a high-quality, income-generating commercial asset in one of Niagara's most sought-after business corridors.
Location
Province ON
County Niagara
Community 218 - West Wood
Area Niagara
Zoning TC
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 150.35
Lot Depth 249.18
Others
Security Features Partial
Listed by COLDWELL BANKER MOMENTUM REALTY, BROKERAGE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN