5848-5860 Ferry Street Niagara Falls, Ontario L2G 1S9

$2,499,888

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:55460)

Property Details

MLS® Number	X12986308
Property Type	Retail
Community Name	216 - Dorchester
Amenities Near By	Highway, Public Transit
Equipment Type	Water Heater
Parking Space Total	10
Rental Equipment Type	Water Heater

Building

Bathroom Total	7
Appliances	All, Window Coverings
Cooling Type	Fully Air Conditioned
Heating Fuel	Natural Gas, Electric
Heating Type	Radiant Heat, Baseboard Heaters, Forced Air
Size Interior	6,500 Ft2
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Highway, Public Transit
Size Depth	81 Ft
Size Frontage	66 Ft
Size Irregular	66 X 81 Ft
Size Total Text	66 X 81 Ft
Zoning Description	Gc

https://www.realtor.ca/real-estate/29591147/5848-5860-ferry-street-niagara-falls-dorchester-216-dorchester