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131-139 Niagara Blvd 14,000 SF 100% Leased Retail Building Fort Erie, ON L2A 3G6 $1,790,934 USD ($127.92 USD/SF)



INVESTMENT HIGHLIGHTS
- Zoned CMU6-612, the building allows for vertical expansion up to five storeys.
- The property is prominently located on Niagara Boulevard, offering excellent visibility, proximity to key amenities, and select river views.
- There is significant opportunity to expand within the building beyond the back room, including options for more residential or retail space.
- Constructed with durable concrete and brick, it includes a centrally located main utilities trunk line for easy future modifications.
- It features four commercial units on the main floor—three of which are currently leased—and three residential units.
EXECUTIVE SUMMARY
Investors, take note of an exceptional opportunity at 131-139 Niagara Boulevard—a versatile mixed-use property spanning approximately 14,000 square feet. Zoned CMU6-612, this solid concrete-and-brick building offers remarkable flexibility and the potential to expand vertically up to five storeys. Designed with future adaptability in mind, the structure includes a centrally located main utilities trunk line, simplifying any future modifications. Situated along Niagara Boulevard, the property boasts excellent visibility, proximity to major amenities, and even river views from select areas. Currently, the building features four commercial units on the main floor—three of which are leased—and three residential units. A spacious back room presents further potential for additional rental units, storage, or custom business use. Beyond that, there is ample room within the building for further expansion, whether for more residential units, retail space, or other possibilities. A dedicated section for parking adds to the property’s appeal, making it a compelling investment in a thriving area. This property may also be purchased as part of a package with 155 Niagara Boulevard (PIN: 644730148) and PT LT 2 Niagara Boulevard (PIN: 644730149), with all three parcels offered together for $3,500,000.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
14,000 SF
Building Class
C
Year Built
1950
Price
$1,790,934 USD
Price Per SF
$127.92 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.77
Lot Size
0.42 AC
Zoning
CMU6-612 - Commercial Office
NEARBY MAJOR RETAILERS
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131-139 Niagara Blvd
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