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$ 19,000,000
Est. payment /mo
Active Under Contract
8699 Stanley AVE Niagara Falls, ON L2G 0E1
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision 221 - Marineland
MLS Listing ID X13555474
Annual Tax Amount $124,000
Tax Year 2025
Property Sub-Type Industrial
Property Description
CBRE is pleased to offer for sale 8699 Stanley Avenue, a significant industrial asset strategically located within Niagara Falls' established Stanley Industrial Park. Comprising approximately 123,466 sq. ft. of industrial space on 20 acres of land, this property presents a unique opportunity for both investors and owner-occupiers seeking scale, flexibility, and future growth potential.The facility features 18-foot clear height, substantial heavy power infrastructure with thousands of amps available, and seven dock-level shipping doors, making it well-suited for manufacturing, warehousing, logistics, and a variety of industrial uses. The property has been well maintained, including a roof replacement completed in recent years, reducing near-term capital expenditure requirements.Currently, approximately 83,605 sq. ft. is leased to two established tenants, generating attractive in-place income of approximately $784,000, while approximately 39,861 sq. ft. remains vacant, creating an ideal owner-occupier opportunity for businesses seeking immediate occupancy alongside investment income. Alternatively, investors can capitalize on the remaining vacancy through lease-up of the available space, positioning the asset to achieve an estimated 7% capitalization rate upon stabilization.A defining feature of the offering is the abundance of excess land. The site provides substantial room for future expansion, allowing purchasers to increase building area and unlock additional value over time, creating a rare large-format industrial campus in one of Niagara's most desirable industrial locations.Strategically positioned just minutes from the QEW Highway, the property offers excellent connectivity to the Greater Toronto Area, Hamilton, Buffalo, and major border crossings, while maintaining immediate access to Niagara's skilled labour force and transportation infrastructure.
Location
Province ON
County Niagara
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