Active

4318 Portage Road

Niagara Falls ON, L2E 6A4

$3,498,000


$179.38 per sqft

Active

19,500 sqft

Commercial

OFFICE BUILDING APPROX 19,500 SQ FEET. IMMIGRATION CANADA OCCUPIES THE FRONT SECTION OF 11,000 SQ FEET SINCE 2011. J D BARNES OCCUPIES THE 6,000 SQ FEET AT THE BACK OF THE BUILDING. THERE IS AN ADDITIONAL 2500 SQ FEET ON THE SECOND WHICH IS USEABLE/RENTABLE SPACE. MORE INFO IN DOCUMENTS
IMMIGRATION CANADA: tenant since 2011 on a 10 year lease
-signed a new 10 lease in 2021 (May 1st 2021-April 30th 2026) : with two 2 year options and and a 1 year option
-they are responsible for 63.47% of expenses
J D BARNES:
-signed a 10 year lease in 2019( April 1st-March 30 2029) :with 2 options to renew for 5 years each rent to be negotiated

40563867

MLS ID

April 13, 2024

Listed

May 21, 2024

Updated

Map

4318 Portage Road
Niagara Falls ON, L2E 6A4

Interior Features

Total Stories

1


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.8 Acres


Lot Features

Ample Parking, High Traffic Area, Public Transit


Sewer

Sewer (Municipal)

Other Property Details

Area Name

Niagara Falls


Taxes

$44,934


Tax Frequency

Annually


Garage

No


View

No


County

Niagara


Water Source

Municipal


Pool

No


Zoning

GC

Listing History

Date

Event

Price

5/15/2024

Price Change

$3,498,000

-13%

 

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