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$ 1,888,000
Est. payment /mo
New
111 Niagara BLVD #1 Fort Erie, ON L2A 3G3
4 Baths
1,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $1,180
Subdivision 332 - Central
MLS Listing ID X13739646
Annual Tax Amount $9,400
Tax Year 2025
Property Sub-Type Store W Apt/Office
Property Description
An exceptional opportunity in one of Fort Erie's most recognizable waterfront corridors. This fully improved, three-level mixed-use commercial property offers nearly 3,500 sq. ft. of finished space and exceptional flexibility for an investor or owner-operator. The main level is a fully equipped commercial space ideally suited for a café, cocktail lounge, wine bar, dessert concept, or hybrid food-and-beverage destination. Features include a kitchenette, bar area, wine cellar, patio seating, exterior service window ideal for ice cream, coffee and seasonal grab-and-go sales, and two 2-piece bathrooms. Liquor licence is transferable and the turn key business known as "Sophia's Cocktail Lounge" along with the chattels, are included with the sale. The second and third levels feature a spacious three-bedroom, two-bathroom apartment, providing additional income potential or an excellent owner's residence. The apartment also features an impressive 560 sq. ft. rooftop terrace and exceptional views of the waterfront. The property is equipped with a monitored security system and offers plenty of parking on the gated property next door, secured through a fully paid 49-year land lease. Ideally positioned near the Niagara River and Peace Bridge, the property benefits from consistent local, tourist and cross-border traffic. A rare opportunity to acquire a versatile, ready-to-operate commercial property with multiple potential revenue streams and minimal startup requirements.
Location
State ON
County Niagara
Area Niagara
Interior
Cooling No
Exterior
Utilities Available Available
Lot Frontage 30.08
Lot Depth 68.0
Others
Security Features No
ParcelsYN No
Listed by REVEL Realty Inc., Brokerage