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$1,299,888
Est. payment /mo
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision 216 - Dorchester
MLS Listing ID X13559734
Annual Tax Amount $1,100
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Exceptional Mixed-Use Investment Opportunity Located In One Of Niagara Falls' Fastest Growing Commercial Corridors, Just Minutes From Clifton Hill, The Falls, Casinos, Hotels, Restaurants, And Major Tourist Attractions. This Income-Producing Asset Features Two Commercial Storefronts On The Main Level And Two Residential Apartments Above, Creating A Well-Balanced Investment With Multiple Income Streams.The Main Floor Offers Excellent Exposure Along Busy Ferry Street With Established Commercial Tenancies And Strong Leasing Demand In The Area. Upstairs, The Property Features Two Well-Maintained Residential Apartments Providing Stable Rental Income While Offering Investors Future Rental Growth Potential.General Commercial (GC) Zoning Allows A Wide Variety Of Retail, Service, Office, Hospitality, And Tourism Uses While Also Providing Excellent Long-Term Redevelopment Potential With Building Heights Permitted Up To Approximately Ten Storeys (Buyer To Verify).Located Only Minutes From Clifton Hill And The Niagara Falls Tourism District, This Property Benefits From Outstanding Visibility, Consistent Vehicle And Pedestrian Traffic, And Strong Long-Term Investment Fundamentals.May Also Be Purchased Together With The Adjacent Property At 5848-5850 Ferry Street To Create A Rare Side-By-Side Investment Portfolio Offering Six Income-Producing Units In One Of Niagara Falls' Premier Investment Locations.
Location
Province ON
County Niagara
Area Niagara
Rooms
Kitchen 0
Interior
Cooling Yes
Heat Source Gas
Exterior
Utilities Available Yes
Lot Frontage 39.01
Lot Depth 75.0
Building
Building Age 51-99
Others
Security Features No
ParcelsYN No
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Listed by EXP REALTY
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