$1,800,000
Available - For Sale
Listing ID: X13641548
5204 King Street , Lincoln, L0R 1B2, Niagara
| An exceptional turnkey investment opportunity in the heart of Niagara's renowned wine country. This extensively renovated mixed-use property offers multiple income streams and outstanding upside potential for an owner/operator or investor. The current owner has extensively renovated the building, creating a boutique atmosphere that reflects the character and charm of this evolving destination. With the major improvements complete, the next owner can build on this strong foundation and take the opportunity to the next level. The property includes a well-established long-term restaurant tenant, a recently renovated one-bedroom detached home, and three second-floor residential units, including two one-bedroom apartments and a spacious two-bedroom apartment. The two one-bedroom units are connected and can function as a two-bedroom unit while maintaining separate living spaces. Two residential units currently operate as successful short-term rentals, while the owner occupies the two-bedroom unit. A new owner may continue the short-term rental model, expand operations, or convert the residential units to long-term rentals. Situated on a prominent corner lot surrounded by thriving businesses, the property features ample paved parking and access from two streets. Residents enjoy views of the Toronto skyline on clear days and are minutes from six wineries and destinations including The Watering Can and Bench. Beamsville is experiencing continued growth as one of Niagara's emerging lifestyle and tourism destinations. This location is well positioned to benefit from future appreciation and increased demand. Located close to wineries, restaurants, tourism and year-round attractions, this is a rare opportunity to acquire a versatile income-producing property with significant future potential. |
| Price | $1,800,000 |
| Taxes: | $9702.15 |
| Tax Type: | Annual |
| Occupancy: | Owner+T |
| Address: | 5204 King Street , Lincoln, L0R 1B2, Niagara |
| Postal Code: | L0R 1B2 |
| Province/State: | Niagara |
| Legal Description: | PT LT 1 TP PL 139 CLINTON AS IN RO688029 |
| Directions/Cross Streets: | King St/Lincoln Ave |
| 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 |
| Category: | Store With Apt/Office |
| Building Percentage: | T |
| Total Area: | 4445.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1908 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway |
| Approximatly Age: | 51-99 |
| Sprinklers: | No |
| Washrooms: | 0 |
| Outside Storage: | F |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| Century 21 Heritage House LTD |
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Mak Azad
Broker
Dir:
647-831-6400
Bus:
416-298-8383
Fax:
416-298-8303
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Niagara |
| Municipality: | Lincoln |
| Neighbourhood: | 982 - Beamsville |
| Approximate Age: | 51-99 |
| Tax: | $9,702.15 |
| Fireplace: | N |
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