5856-5860 Ferry Street Niagara Falls, Ontario L2G 1S9

3,264 ft2
Fully Air Conditioned Radiator

$1,299,888

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. (id:63203)

Property Details

MLS® Number X13559734
Property Type Retail
Community Name 216 - Dorchester
Equipment Type Water Heater
Parking Space Total 5
Rental Equipment Type Water Heater

Building

Age 51 To 99 Years
Appliances Dryer, Hood Fan, Microwave, Washer, Window Coverings
Cooling Type Fully Air Conditioned
Heating Type Radiator
Size Exterior 3264 Sqft
Size Interior 3,264 Ft2
Utility Water Municipal Water

Land

Acreage No
Size Depth 75 Ft
Size Frontage 39 Ft
Size Irregular Bldg=39.01 X 75 Ft
Size Total Text Bldg=39.01 X 75 Ft
Zoning Description Gc

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