5427 River Road, Niagara Falls, ON, L2E 3H1 - commercial for sale | Listing ID X8079630

5427 RIVER ROAD, Niagara Falls, Ontario, L2E 3H1

MLS® # X8079630

Commercial For Sale In Drummond / Victoria, Niagara Falls, Ontario

$1,999,000

Details
Map
Demographics
Street View
Get Directions

Advertising

ACTIVE

5427 RIVER ROAD, Niagara Falls, Ontario, L2E 3H1

$1,999,000

Property Information:

Welcome to the ""Niagara Gorgeview Inn"" a Remodeled Purpose Built Waterview Investment Property for the Savvy Investor, looking to break into the lucrative Niagara Hospitality Industry. Just over 4200 SF. of Brand New Living Space. Currently at Electrical Stage. The Main Level features a Guest Lounge with Fireplace and W/O to Front Balcony with Spectacular Views of the Gorge/River plus a 2 Room Conference Area w/ Full Kitchen Facilities and a Wheelchair Accessible Washroom, plus access to the Rear Garden Patio w/BBQ Area. The Upper 2nd & 3rd Floors each have 2 Spacious Double (2 Bedroom, 2 Bath)Suites w/Exterior Balconies off every Bedroom. The Basement is a self contained, 1 Bedroom Apartment suitable for an Owner Operator or additional Rental Income for your Investment. **** EXTRAS **** The Owner is in the process of completing a Full Renovation and working with the City Authorities for Final Designation of House & Business. Closing Date depends on Construction Schedule/Approvals. See Sch \"D\" Approx Closing Late April 2024 (id:27)

Building Features:

Style: Business
Air Conditioning: Yes
Floor Space: 6522 Square Feet
Heating Type: Other
Heating Fuel: Natural gas
Cooling Type: Fully air conditioned
Appliances: Window Coverings

Property Features:

Property Type: Business
Floor Space (approx): 6522.00 Square Feet
Irregular: Yes
Lot Size: Bldg=50 x 130 FT ; Currently Under Renovation
No. of Parking Spaces: 6

Courtesy of: KELLER WILLIAMS REFERRED URBAN REALTY

More Detail

Less Detail

Market Price Trends

Location of 5427 RIVER ROAD, Niagara Falls, Ontario, L2E 3H1

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

36 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

36 hot days expected in 2050

58/100

High

ClimateCheck®

Current data

This property, 5427 RIVER ROAD , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 36 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past

31℃

2050

34.7℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

61/100

ClimateCheck®

Current data

This property, 5427 RIVER ROAD , experiences 11 significant 2-day storms per year, with about 317.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 390.9mm of precipitation per year.

Precipitation Per Storm

Past

317.5mm

2050

390.9mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

More Detail

Less Detail

Demographic Information of 5427 RIVER ROAD, Niagara Falls, Ontario, L2E 3H1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$78,186.50

Average Number of Children

1.51

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.83 %

High school certificate or equivalent

26.43 %

Apprenticeship trade certificate/diploma

5.95 %

College/non-university certificate

19.19 %

University certificate (below bachelor)

0.59 %

University Degree

27.01 %

Commuter

Travel To Work

By Car

81.39 %

By Public Transit

6.93 %

By Walking

2.1 %

By Bicycle

0.0 %

By Other Methods

9.58 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

20.72 %

Houses

79.28 %

Own Vs. Rent

More Detail

Less Detail

Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 5427 RIVER ROAD, Niagara Falls, Ontario, L2E 3H1

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 5427 RIVER ROAD, Niagara Falls, Ontario, L2E 3H1

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

5427 RIVER ROAD, Niagara Falls, Ontario, L2E 3H1

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Log In

Create an account to:

Create Account

Complete Account Verification