About Property

Prime Mixed-Use Investment Opportunity Located In The Heart Of Niagara Falls Just Minutes From TheWorld-Famous Clifton Hill Tourist District. 5848-5850 Ferry Street Features A Renovated Two-Storey BuildingWith A Commercial Unit On The Main Floor Occupied By A Massage Therapy Business With A New Lease In Place,Providing Immediate Income, And A Fully Renovated Two Bedroom Two Bathroom Apartment Above With ModernFinishes And A Bright Functional Layout Ideal For Long-Term Tenants Or Potential Short-Term RentalOpportunities Subject To Municipal Regulations. Extensive Improvements Have Been Completed Throughout TheBuilding Including New Framing, Spray Foam Insulation Throughout Walls And Ceilings, Fire-Rated ConstructionBuilt To Code, New Windows, A New Subfloor System, And A Rebuilt Flat Roof With Balcony. Electrical Has BeenUpgraded With 400-Amp Service Split Between The Commercial And Residential Spaces. Tourist Commercial ZoningAllows A Wide Range Of Retail, Service, And Tourism Related Uses And Also Offers Long-Term RedevelopmentPotential With Building Heights Permitted Up To Approximately Ten Storeys Subject To Municipal Approvals.Property May Also Be Purchased Together With The Adjacent Mixed-Use Building At 5856-5860 Ferry StreetCreating A Rare Portfolio Opportunity In One Of Niagara Falls' Most Active Tourism Corridors.

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