Welcome to this remarkable [] industrial located in the coveted neighborhood of 221 - Marineland. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $17,000,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Existing Tenant occupies 73,005 sq ft approximately at net $10.75 sq ft, generating $784,803 net annually, there is another 51,000 sq ft available for lease at $12.00 net with the potential of earning another $600,000 net for a potential total of $1,375,000 approximately pushing the cap rate to 8%. In addition to the great cap rate there is another 3 surplus acres to expand (50,000sq ft +) on if needed. There is additional 10 acres (serviced) available to purchase at $3,500,000 adjacent to the existing site. Both sites are environmentally clean.
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Greenbelt/Conservation, Major Highway
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 8699 Stanley Avenue, Niagara Falls, ON L2G 0E1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
No schools found within 3 km of this property.
No current listings found in Niagara Falls.
Comprehensive city-wide demographics, local real estate stats, and school rankings for 221 Marineland, Niagara Falls.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.