5848-5850 Ferry Street Niagara Falls, Ontario L2G 1S9

3 Bathroom 2,700 ft2
Fully Air Conditioned Forced Air

$1,138,888

An Excellent Opportunity To Acquire A Fully Leased And Extensively Renovated Mixed-Use Investment Property In The Heart Of Niagara Falls' Established Tourism And Commercial District! This Attractive Two-Storey Property Features An Established Main-Floor Commercial Tenant Along With A Beautifully Renovated Two-Bedroom, Two-Bathroom Residential Apartment Above, Offering Investors A Combination Of Commercial And Residential Rental Income. Significant Capital Improvements Include New Windows, Plumbing, Electrical, HVAC, A Rebuilt Flat Roof And Upgraded 400-Amp Electrical Service Split Between The Commercial And Residential Components. Both Units Are Currently Leased, Providing Established Rental Income From Day One. Located Along The High-Visibility Ferry Street Corridor, Just Minutes From Clifton Hill, Niagara Falls, Fallsview Casino, Major Hotels, Restaurants And Entertainment. Approximately Two On-Site Parking Spaces With Shared Driveway Access. General Commercial (GC) Zoning Provides Flexibility For A Variety Of Permitted Uses, Subject To Buyer Verification. May Also Be Purchased Together With Adjacent 5856-5860 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 X13720808
Property Type Retail
Community Name 216 - Dorchester
Parking Space Total 2

Building

Bathroom Total 3
Appliances Dryer, Microwave, Washer, Window Coverings
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 2700 Sqft
Size Interior 2,700 Ft2
Utility Water Municipal Water

Land

Acreage No
Size Depth 80 Ft
Size Frontage 25 Ft
Size Irregular Bldg=25 X 80 Ft
Size Total Text Bldg=25 X 80 Ft
Zoning Description Gc

https://www.realtor.ca/real-estate/30207361/5848-5850-ferry-street-niagara-falls-dorchester-216-dorchester

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