5856-5860 FERRY STREET, Niagara Falls (Dorchester), Ontario, L2G1S9

Property Description

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 Two Commercial Retail Units On The Main Floor And Two Residential Apartments Above Creating A Balanced Income Producing Investment Property In A High Exposure Location. One Commercial Unit Operated As A Barber Shop While The Second Unit Is Occupied By A Wig Shop Tenant. The Upper Level Includes A Two Bedroom One Bathroom Apartment And A Separate One Bedroom One Bathroom Apartment Offering Additional Residential Rental Income. Located Along Ferry Street One Of The Primary Routes Leading Toward Niagara Falls' Tourism District The Property Benefits From Consistent Local And Visitor Traffic And Is Surrounded By Hotels Restaurants Entertainment Attractions And Residential Neighbourhoods. General Commercial Zoning Allows A Wide Range Of Retail Service, HospitalityAnd Tourism Related Uses And Also Offers Long-Term Redevelopment Potential With Building Heights Permitted Up To Approximately Ten Storeys Subject To Municipal Approvals. Property May Also Be Purchased Together With The Adjacent Building At 5848-5850 Ferry Street Creating A Rare Opportunity To Acquire Two Side-By-Side Mixed-Use Investment Properties In One Of Niagara Falls' Most Active Tourism Corridors. (id:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: None
• Living Area: 3,264 sq ft (303.2 m²)
• Parking: 8 spaces
• Frontage: 39 ft (11.9 m)

Costs

• Annual Taxes: $13,200.00

Listing Provided by: EXP REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.