ON > Niagara Falls > 221 - Marineland
Niagara Falls, ON L2G 0E1,8699 Stanley AVE
Niagara Falls, ON L2G 0E1,8699 Stanley AVE
Niagara Falls, ON L2G 0E1,8699 Stanley AVE
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$17,000,000
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8699 Stanley AVE Niagara Falls, ON L2G 0E1

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Kenneth Yim

Kenneth Yim

+1(647) 496-2269

UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Subdivision 221 - Marineland

MLS Listing ID X12679742

Annual Tax Amount $124,000

Tax Year 2025

Property Sub-Type Industrial

Lot Depth 947.0

Lot Front 500.0

Property Description

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.

Location

Province ON

County Niagara

Community 221 - Marineland

Area Niagara

Zoning Industrial

Interior

Cooling Partial

Exterior

Community Features Greenbelt/Conservation, Major Highway

Utilities Available Yes

Lot Frontage 500.0

Lot Depth 947.0

Building

Building Age 31-50

Others

Security Features Yes

ParcelsYN No

Listed by CBRE LIMITED

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Kenneth Yim

Kenneth Yim

Broker of Record | License ID: 9524831

+1(647) 496-2269

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8699 Stanley AVE

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