24
See all 24 photos
$1,299,888
Est. payment /mo
3,264 SqFt
New
5856-5860 FERRY STREET Niagara Falls (dorchester), ON L2G1S9
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3264
Square Footage 3,264 sqft
Price per Sqft $398
Subdivision 216 - Dorchester
MLS® Listing ID X13559734
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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Radiator
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 5
Garage No
Private Pool No
Others
Virtual Tour https://www.youtube.com/watch?v=aBwkSYNqPEw
Listed by EXP REALTY