Property Description

Calling all investors! Welcome to 131-139 Niagara Boulevard, an approximately 14,000 sq. ft. mixed-use building offering incredible flexibility and growth potential under CMU6-612 zoning with the ability to expand up to 5 storeys. This solid concrete-and-brick structure is built to last, with the main utilities trunk line running through the center for ease of future modifications, and its ideally positioned on Niagara Boulevard with excellent visibility, close to major amenities, and even offering river views from select areas of the building. The property currently features 4 main floor commercial units (3 currently being rented) and 3 residential units, while a large back room and an abundance of additional space throughout the building allow for endless expansion possibilitieswhether thats more residential units, retail space, storage, or custom business use. Notably, a section of the building has been professionally built out and equipped as a recording studio, complete with specialized infrastructure that offers a unique opportunity for music, media, or production businesses to thrive, or for investors to capitalize on niche rental demand. Combined with a good-sized section of the lot available for parking, this is truly an investors dream and a rare chance to secure a high-value asset in a thriving area. This Property CAN BE SOLD AS A PACKAGE WITH 155 Niagara Boulevard (PIN: 644730148) and PT LT 2 Niagara Boulevard (PIN: 644730149). ALL THREE (3) PARCELS WOULD BE BEING SOLD TOGETHER FOR $3,500,000.00. (id:7434)