4507 QUEEN STREET, Niagara Falls (Downtown), Ontario, L2E2L4
MLS: X12635770 | Retail
$1,349,000
Property Description
Prime downtown mixed-use investment at 4507-4511-4515 Queen St, Niagara Falls. Over 8,800 sq ft on two levels plus full basement, located in the Central Business District (CB zoning). Main floor offers 2 commercial units (1 leased, 1 vacant). Second floor features 5 fully renovated, furnished apartments, plus 2 rear units (total 7 residential units: 4 one-bed, 1 two-bed, 2 bachelor). Turnkey for short-term (Airbnb) or long-term rental. Steps to Niagara University, City Hall, transit, and high foot traffic area. Projected cap rate over 8%. Strong cash flow with future upside amid ongoing downtown revitalization and investment. Can be purchased with 4497 Queen St. (id:64974)
Quick Facts
- Property Type: Retail
- Bedrooms: None
- Bathrooms: None
- Living Area: 8,800 sq ft (817.5 m²)
- Frontage: 60 ft (18.3 m)
Costs
- Annual Taxes: $13,825.00
Listing Provided by: SUTTON GROUP-ADMIRAL REALTY INC.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Fully air conditioned
Exterior & Construction
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 60 ft (18.3 m)
- Zoning: C
Community & Neighbourhood
- Neighbourhood: 210 - Downtown
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for 4507 QUEEN STREET, Niagara Falls (Downtown), Ontario, L2E2L4
Location & Neighborhood
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