$1,299,888
Available - For Sale
Listing ID: X13559734
5856-58 FERRY Street , Niagara Falls, L2G 1S9, Niagara
| 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. |
| Price | $1,299,888 |
| Taxes: | $1100.00 |
| Tax Type: | TMI |
| Occupancy: | Partial |
| Address: | 5856-58 FERRY Street , Niagara Falls, L2G 1S9, Niagara |
| Postal Code: | L2G 1S9 |
| Province/State: | Niagara |
| Legal Description: | PT LT E/S MAIN ST. S OF FERRY ST. PL 53 |
| Directions/Cross Streets: | Main And Ferry |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Multi-Use |
| Building Percentage: | T |
| Total Area: | 3264.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 2 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 51-99 |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Water Radiators |
| Central Air Conditioning: | Yes |
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Nick Sabouri
Sales Representative
Dir:
416-735-0345
Bus:
416-494-7653
Fax:
416-494-0016
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Niagara |
| Municipality: | Niagara Falls |
| Neighbourhood: | 216 - Dorchester |
| Approximate Age: | 51-99 |
| Tax: | $1,100 |
| Fireplace: | N |
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