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Additional details
$ 2,149,888
Est. payment /mo
Active
5848-5860 ferry ST Niagara Falls, ON L2G 1S9
7 Baths
6,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 6,500 sqft
Price per Sqft $330
Subdivision 216 - Dorchester
MLS Listing ID X13720800
Annual Tax Amount $14,401
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Exceptional Fully Leased Three-Building Mixed-Use Investment Portfolio In The Heart Of Niagara Falls' Established Tourism And Commercial District! Spanning 5848-5860 Ferry Street, This Unique Investment Opportunity Features Six Fully Tenanted Units, Including Three Commercial Storefronts And Three Residential Apartments, Providing Investors With An Established And Diversified Rental Income Stream From Day One. The Properties Have Benefited From Significant Capital Improvements, Including Updated Roofing, Windows, Electrical Systems And Modern Interior Finishes. Positioned Along The High-Visibility Ferry Street Corridor, Just Minutes From Clifton Hill, Niagara Falls, Fallsview Casino, Major Hotels, Restaurants And Entertainment, This Portfolio Offers An Excellent Combination Of Location, Income And Long-Term Investment Potential. Approximately Six On-Site Parking Spaces With Shared Driveway Access. An Additional Basement Area At 5860 Ferry Street Remains Available For Potential Storage Or Future Rental Income, Subject To Applicable Approvals And Permitted Uses. 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. A Rare Opportunity To Acquire Three Side-By-Side Mixed-Use Buildings With 100% Occupancy, Established Tenancies And Additional Potential In One Of Niagara Falls' Most Recognizable Commercial Corridors. Financial Information Available Upon Request.
Location
Province ON
County Niagara
Area Niagara
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 66.0
Lot Depth 81.0
Others
Security Features No
ParcelsYN No
Virtual Tour https://youtu.be/aBwkSYNqPEw?si=UQgDU7A4oLt_YvRi
Listed by EXP REALTY