***Prime location Property In The Heart Of Niagara Falls Tourist Area* Walking distance to Falls*Casino*Tourist Fun area*Property covered with stucco & 50 Renovated Rooms in fall 2024 *Living Apartments for Owner/Manager*Good Revenue*Minutes Walk to Falls*Casino*Skyline Tower*Clifton Hills Fun area*Owner spend $$$$$$ on Renovation*Well Maintained condition*No disappointment*** |
Price | $6,999,701 |
Taxes: | $52000.00 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 5958 Fallsview Boul , Niagara Falls, L2G 3V5, Niagara |
Postal Code: | L2G 3V5 |
Province/State: | Niagara |
Legal Description: | Plan173Ptlots91113And15Np266Rp59R4212Par |
Lot Size: | 150.00 x 171.00 (Feet) |
Directions/Cross Streets: | Ferry Street/Fallsview Blvd |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 0 | |
Washroom Type 7 | 0 | |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 |
Category: | With Property |
Use: | Hotel/Motel/Inn |
Building Percentage: | F |
Total Area: | 0.00 |
Total Area Code: | Square Feet |
Office/Appartment Area: | 10 |
Office/Appartment Area Code: | % |
Industrial Area: | 0 |
Office/Appartment Area Code: | % |
Retail Area: | 0 |
Retail Area Code: | % |
Area Influences: | Major Highway Public Transit |
Business/Building Name: | FAIRVIEW INN |
Financial Statement: | F |
Chattels: | T |
Franchise: | F |
Days Open: | O |
Hours Open: | 24 |
Employees #: | 3 |
Seats: | 0 |
LLBO: | N |
Taxes Expense: | $52000 |
Insurance Expense: | $7716 |
Management Expense: | 100000 |
Heat Expenses: | $17000 |
Hydro Expense: | $16000 |
Water Expense: | $9000 |
Other Expenses: | $24000 |
Gross Income/Sales: | $1000000 |
Operating Expenses: | $31000 |
Vacancy Allowance: | 0 |
Net Income Before Debt: | $700000 |
Estim Inventory Values At Cost : | 100000 |
Common Area Upcharge: | 0 |
Percentage Rent: | 0 |
Expenses Actual/Estimated: | $Est |
Sprinklers: | No |
Washrooms: | 0 |
Heat Type: | Baseboard |
Central Air Conditioning: | Yes |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RIGHT AT HOME REALTY |
|
Virtual Tour | Book Showing | Email a Friend |
Type: | Com - Sale Of Business |
Area: | Niagara |
Municipality: | Niagara Falls |
Neighbourhood: | 214 - Clifton Hill |
Lot Size: | 150.00 x 171.00(Feet) |
Tax: | $52,000 |
Fireplace: | N |