5848-5860 FERRY STREET, Niagara Falls (Dorchester), Ontario, L2G1S9
MLS: X12986308 | Retail
$2,499,888
Property Description
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:64974)
Quick Facts
- Property Type: Retail
- Bedrooms: None
- Bathrooms: 7
- Living Area: 6,500 sq ft (603.9 m²)
- Parking: 10.0 spaces
- Frontage: 66 ft (20.1 m)
Costs
- Annual Taxes: $14,000.00
Listing Provided by: EXP REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Baseboard heaters, Radiant heat, Forced air, Forced air, Electric, Natural gas
- Cooling: Fully air conditioned
- Appliances: All, Window Coverings
Exterior & Construction
- Water: Municipal water
Lot & Land
- Frontage: 66 ft (20.1 m)
- Zoning: GC
Community & Neighbourhood
- Neighbourhood: 216 - Dorchester
Listing Information
Listing History
MLS listing activity for 5848-5860 FERRY STREET, Niagara Falls (Dorchester), Ontario, L2G1S9 — dates reflect when changes were recorded in the DDF
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Mortgage & Cost Calculators
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5848-5860 FERRY STREET, Niagara Falls (Dorchester), Ontario, L2G1S9