5848-5850 Ferry Street Niagara Falls, Ontario L2G 1S9
$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:62692)
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 |
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