5856-5860 FERRY Street, Niagara Falls, ON L2G 1S9

Niagara Falls L2G 1S9 Ontario

MLS: X12860076

$1,348,888

Added 9 hours ago | For Sale

Listed by: EXP REALTY

About Property

Exceptional Mixed-Use Investment Opportunity Located At 5856-5860 Ferry Street In The Heart Of Niagara FallsJust Minutes From Clifton Hill And The City's Major Tourist Attractions. This Versatile Property Features TwoCommercial Retail Units On The Main Floor And Two Residential Apartments Above Creating A Balanced IncomeProducing Investment Property In A High Exposure Location. One Commercial Unit Operated As A Barber Shop WhileThe Second Unit Is Occupied By A Wig Shop Tenant. The Upper Level Includes A Two Bedroom One Bathroom ApartmentAnd A Separate One Bedroom One Bathroom Apartment Offering Additional Residential Rental Income. Located AlongFerry Street One Of The Primary Routes Leading Toward Niagara Falls' Tourism District The Property Benefits FromConsistent Local And Visitor Traffic And Is Surrounded By Hotels Restaurants Entertainment Attractions AndResidential Neighbourhoods. Tourist Commercial Zoning Allows A Wide Range Of Retail Service, AirBNB, HospitalityAnd Tourism Related Uses And Also Offers Long-Term Redevelopment Potential With Building Heights Permitted Up ToApproximately Ten Storeys Subject To Municipal Approvals. Property May Also Be Purchased Together With TheAdjacent Building At 5848-5850 Ferry Street Creating A Rare Opportunity To Acquire Two Side-By-Side Mixed-UseInvestment Properties In One Of Niagara Falls' Most Active Tourism Corridors.

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 39.01 X 75
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Main And Ferry
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $13200
  • Bedrooms:
  • Total Parking Spaces:8
  • Parking Places:8
  • Heating Type:Water Radiators
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12860076

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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