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

7 Bathroom 6,500 sqft
Fully Air Conditioned Radiant Heat, Baseboard Heaters, Forced Air

$2,149,888

Exceptional Fully Leased Three-Building Mixed-Use Investment Portfolio In The Heart Of Niagara Falls' Established Tourism And Commercial District! Spanning 5848-5860 Ferry Street, This Unique Investment Opportunity Features Six Fully Tenanted Units, Including Three Commercial Storefronts And Three Residential Apartments, Providing Investors With An Established And Diversified Rental Income Stream From Day One. The Properties Have Benefited From Significant Capital Improvements, Including Updated Roofing, Windows, Electrical Systems And Modern Interior Finishes. Positioned Along The High-Visibility Ferry Street Corridor, Just Minutes From Clifton Hill, Niagara Falls, Fallsview Casino, Major Hotels, Restaurants And Entertainment, This Portfolio Offers An Excellent Combination Of Location, Income And Long-Term Investment Potential. Approximately Six On-Site Parking Spaces With Shared Driveway Access. An Additional Basement Area At 5860 Ferry Street Remains Available For Potential Storage Or Future Rental Income, Subject To Applicable Approvals And Permitted Uses. General Commercial (GC) Zoning Offers Flexibility For A Variety Of Permitted Uses, With Buyers Encouraged To Conduct Their Own Due Diligence Regarding Zoning And Any Future Development Potential. A Rare Opportunity To Acquire Three Side-By-Side Mixed-Use Buildings With 100% Occupancy, Established Tenancies And Additional Potential In One Of Niagara Falls' Most Recognizable Commercial Corridors. Financial Information Available Upon Request. (id:55460)

Property Details

MLS® Number X13720800
Property Type Retail
Community Name 216 - Dorchester
Amenities Near By Highway, Public Transit
Equipment Type Water Heater
Parking Space Total 6
Rental Equipment Type Water Heater

Building

Bathroom Total 7
Appliances All, Window Coverings
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Radiant Heat, Baseboard Heaters, Forced Air
Size Interior 6,500 Sqft
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/30207360/5848-5860-ferry-street-niagara-falls-dorchester-216-dorchester


IAN CARRILLO
Salesperson

(866) 530-7737
www.facebook.com/iain.realestate/
EXP REALTY
4711 Yonge St 10th Flr, 106430
Toronto, Ontario M2N 6K8

(866) 530-7737

EXP REALTY
4025 Dorchester Rd Unit: 260a
Niagara Falls, Ontario L2E 7K8

(866) 530-7737

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