For Sale

8040 Lundy's Lane, Niagara Falls, Ontario L2H 1H1

$0

8040 Lundy's Lane, Niagara Falls, Ontario L2H 1H1 is For Sale and has a listing price of 4,799,999. The property is located in the Niagara Falls . It's been on the website for 148 Days.

  • MLS ID: X11949960
  • Office Name COLDWELL BANKER MOMENTUM REALTY, BROKERAGE
Property Description

Spiga DOro Plaza is an exceptionally well-built commercial plaza offering an outstanding investment opportunity in the heart of Niagara Falls. Constructed in 2016, this 11,492 square-foot retail complex features four high-visibility storefront units and a premium commercial bakery space, all are well designed for long-term success. Key Property Highlights: 0.86 Acres Lot size (150ft x 249 ft). Total Gross Floor Area: 11,492 sq. ft. Storefront Retail Units: 1,803 sq. ft., 1,770 sq. ft., 1,172 sq. ft., and 2,354 sq. ft. + 4,393 sq. ft. Commercial Bakery. Anchor Tenant: La Farina Bakery, a Niagara Region staple, operates from a combined 3,526 sq. ft. retail storefront and an additional 4,393 sq. ft. commercial bakery space in the rear. Bakery Features: Includes a dedicated loading zone and a 9.5-foot roller door for seamless operations. Construction & Features: Built in 2016, 15-foot ceilings, Striking architectural design, State-of-the-art fire suppression & sprinkler systems, 4 Independent utility services, Ample parking with 35 spaces. Investment Potential:This high-traffic location on Lundy’s Lane is home to three exceptional, long-term tenants, ensuring strong rental income and market stability. With excellent market rent potential, this plaza presents a rare opportunity for investors seeking a high-quality, income-generating commercial asset in one of Niagara’s most sought-after business corridors.

Property Details
  • MLS ID: X11949960
  • Price: $4,799,999
  • Lot Depth: 249.18
  • Transaction Types: For Sale
  • Ref ID: X11949960
  • Year Built: N/A
  • Dir / Cross St: Lundy's Ln/Kalar Rd
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 6-15
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
01/31/2025 X11949960 $4,799,999 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Niagara Falls
  • $819,962 Average List Price
    based on 1 year
  • 381 New Listings
    based on 30 days
  • 75 Median Days on Market
    based on 1 year
  • List vs. Selling Price 220.36 % Up
  • Sold (12mo) 786
  • Rented (12mo) 377

  • 1 Month Change -28.6%
  • 3 Month Change -5.3%
  • 6 Month Change -35.3%
Walkscore
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Outside/surface
  • Parking Spaces: 35
  • Taxes: $51,626
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 31/01/2025 21:04:10
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