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

3,264 ft2
Fully Air Conditioned Radiator

$1,299,888

Outstanding Fully Leased Four-Unit Mixed-Use Investment Opportunity Along Niagara Falls' Established Ferry Street Commercial Corridor! This Income-Producing Property Features Two Main-Floor Commercial Storefronts And Two Residential Apartments Above, Offering Investors A Diversified Mix Of Commercial And Residential Rental Income. All Four Units Are Currently Leased, Providing Established Tenancies And Income From Day One. The Property Benefits From Excellent Street Exposure And A Convenient Location Just Minutes From Clifton Hill, Niagara Falls, Fallsview Casino, Major Hotels, Restaurants And Entertainment. An Additional Basement Area At 5860 Ferry Street Remains Available For Potential Storage Or Future Rental Income, Subject To Applicable Approvals And Permitted Uses, Providing An Opportunity To Further Enhance The Property's Income Potential. Approximately Four On-Site Parking Spaces With Shared Driveway Access. General Commercial (GC) Zoning Offers Flexibility For A Variety Of Permitted Uses, With Buyers Encouraged To Conduct Their Own Due Diligence Regarding Zoning And Any Future Development Potential. May Also Be Purchased Together With Adjacent 5848-5850 Ferry Street, Creating A Unique Fully Leased Six-Unit Mixed-Use Investment Portfolio With Preferred Package Pricing Available. Financial Information Available Upon Request. (id:63616)

Property Details

MLS® Number X13720810
Property Type Retail
Community Name 216 - Dorchester
Equipment Type Water Heater
Parking Space Total 4
Rental Equipment Type Water Heater

Building

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

https://www.realtor.ca/real-estate/30207362/5856-5860-ferry-street-niagara-falls-dorchester-216-dorchester

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