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Listed by Steven Davidson • CBRE Ltd.
$ 19,000,000
Est. payment | /mo
123,466 SqFt
$ 19,000,000
Est. payment | /mo
123,466 SqFt
Key Details
Property Type Commercial
Sub Type Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 123,466 sqft
Price per Sqft $153
MLS Listing ID 40847710
Abv Grd Liv Area 123,466
Annual Tax Amount $124,000
Lot Size 20.549 Acres
Acres 20.549
Property Sub-Type Building and Land
Source Cornerstone
Property Description
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 dental 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 Falls
Zoning GI, PI
Direction QEW to Mcleod south then right on Stanley
Rooms
Basement None
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 947.28
Lot Depth 675.62
Garage No
Building
Lot Description Highway Access
Faces QEW to Mcleod south then right on Stanley
Story 1
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 644440227
Ownership Freehold/None
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