5848-5860 Ferry Street, Niagara Falls, Ontario L2G 1S9

Listed for:
$2,499,888
0 beds
7 baths
Listed 4 days ago
5848-5860 Ferry Street, Niagara Falls, Ontario L2G 1S9

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About

Cross Streets: Main And Ferry. ** Directions: East On Ferry, On West Side After Main. 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. (id:27476)

Property Highlights

MLS® Number
X12986308
Type
Retail
Community Name
216 - Dorchester
Land Size
66 x 81 FT
Parking Space Total
10

Building

Square Footage
6500 sqft
Bathrooms Total
7
Amenities
Highway, Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Radiant heat, Baseboard heaters, Forced air
Heating Fuel
Natural gas, Electric
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
EXP REALTY
MLS® number:
X12986308
Agent:
Ian Carrillo
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