1 - 111 NIAGARA BOULEVARD, Fort Erie (Central)
$1,888,000
For sale: Other
- Property type
- Store W Apt/Office
- Bedrooms / bathrooms
- 4 bathrooms
- MLS®
- MLS® X13739646
- Neighbourhood
- 332 - Central
An exceptional opportunity in one of Fort Erie's most recognizable waterfront corridors. This fully improved, three-level mixed-use commercial property offers nearly 3,500 sq. ft. of finished space and exceptional flexibility for an investor or owner-operator. The main level is a fully equipped commercial space ideally suited for a café, cocktail lounge, wine bar, dessert concept, or hybrid food-and-beverage destination. Features include a kitchenette, bar area, wine cellar, patio seating, exterior service window ideal for ice cream, coffee and seasonal grab-and-go sales, and two 2-piece bathrooms. Liquor licence is transferable and the turn key business known as "Sophia's Cocktail Lounge" along with the chattels, are included with the sale. The second and third levels feature a spacious three-bedroom, two-bathroom apartment, providing additional income potential or an excellent owner's residence. The apartment also features an impressive 560 sq. ft. rooftop terrace and exceptional views of the waterfront. The property is equipped with a monitored security system and offers plenty of parking on the gated property next door, secured through a fully paid 49-year land lease. Ideally positioned near the Niagara River and Peace Bridge, the property benefits from consistent local, tourist and cross-border traffic. A rare opportunity to acquire a versatile, ready-to-operate commercial property with multiple potential revenue streams and minimal startup requirements.
Sold data
Homes in Central — recent sold market
Homes in Central took a median of 27 days to sell over the last 365 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 62, across 76 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.
The median sale price was $435,000.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 33% of sellers reduced their price before finding a buyer.
- Median days to sell
- 27
- Median sale price
- $435,000
- Sale-to-list ratio
- 96.7%
- Sold above asking
- 8%
Based on 76 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Fort Erie (Central)
Fort Erie (Central) has 5 Fraser Institute–rated schools (4 elementary and 1 secondary), averaging 6.5/10.
- Rated schools
- 5
- Elementary
- 4
- Secondary
- 1
- Average rating
- 6.5 / 10
Top-rated schools in Fort Erie (Central)
- Garrison Road — elementary, Fort ErieFraser rating 7.8/10
- St Philomena — elementary, Fort ErieFraser rating 7.3/10
- General Vanier — elementary, Fort ErieFraser rating 6.8/10
- Greater Fort Erie — secondary, Fort ErieFraser rating 5.5/10
- Our Lady of Victory — elementary, Fort ErieFraser rating 5.0/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 1 - 111 NIAGARA BOULEVARD
$1,399,000
Other1831 MAIN STREET W, Ainslie Wood, Hamilton
$2,950,000
Other6341 GUELPH STREET, Georgetown, Halton Hills
$2,999,000
Other4+153,500–5,000 sqft1372 CONCESSION 8 TOWNSEND, Townsend, Norfolk
$1,349,900
Detached332,000–2,500 sqft112 DORCHESTER DRIVE, 542 - Grimsby East, Grimsby
$1,149,000
Detached3+141,100–1,500 sqft4949 LYON'S PARKWAY, 224 - Lyons Creek, Niagara Falls
$1,999,000
Detached342,500–3,000 sqft365 ROBINSON ROAD, Burford, Brant
$1,429,000
Detached4+131,500–2,000 sqft714 CARLTON STREET, 102 - Lakeshore, Niagara-on-the-Lake
$1,599,999
Detached332,000–2,500 sqft4511 MILLER ROAD, 873 - Bethel, Port Colborne