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$2,499,888
Available - For Sale
Listing ID: X12986308
Exceptional Mixed-Use Investment Opportunity In The Heart Of Niagara Falls At 5848-5860 Ferry Street, Featuring Two Adjoining Buildings With A Total Of 6 Income-Generating Units, Including 3 Commercial Storefronts And 3 Residential Apartments. Ideally Situated Right On Ferry Street, In A High-Traffic, High-Visibility Location Just Steps From Major Attractions, Transit, And Established Local Businesses, This Property Offers Strong Exposure And Consistent Foot Traffic. The Commercial Units Provide Flexible Layouts Suitable For A Variety Of Uses Including Retail, Service, Or Grocery, Offering Excellent Long-Term Leasing Potential. The Residential Units Are Spacious And Well-Maintained, Delivering Stable Rental Income With Opportunity For Future Rent Growth. With Minimal Operating Expenses And Strong Income Fundamentals, This Property Presents An Attractive Investment With Immediate Cash Flow. Additional Value-Add Potential Exists Through Optimization Of Underutilized Space And Future Repositioning Opportunities. Located In A Growing And Vibrant Area Of Niagara Falls, This Is A Rare Chance To Acquire A Turnkey Mixed-Use Asset With Both Stability And Upside Potential For Investors Or End-Users Looking To Expand Their Portfolio.
Price $2,499,888
Taxes: $14,000
Tax Type: Annual
Occupancy by: Partial
Address: 5848-58 ferry Street , Niagara Falls, L2G 1S9, Niagara
Postal Code: L2G 1S9
Province/State: Niagara
Directions/Cross Streets: Main And Ferry
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Multi-Use
Building Percentage: T
Total Area: 6,500
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Financial Statement: T
Maintenance: 0
Sprinklers: No
Outside Storage: T
Heat Type: Radiant
Central Air Conditioning: Yes
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EXP REALTY

5848-58 ferry Street , Niagara Falls, L2G 1S9, Niagara

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Maria Tompson
Sales Representative
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Type: Com - Commercial Retail
Area: Niagara
Municipality: Niagara Falls
Neighbourhood: 216 - Dorchester
Style:
Lot Size: x 81.00(Feet)
Approximate Age:
Tax: $14,000
Maintenance Fee: $0
Beds: 0
Baths: 7
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
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Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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