$1,789,000
Available - For Sale
Listing ID: X13599838
5829 Ferry Street , Niagara Falls, L2G 1S8, Niagara
| Excellent Commercial Investment Opportunity Near Niagara Falls!Versatile commercial building featuring a large, fully operational restaurant on the main floor and 10 rental rooms across the first and second floors. Currently generating $7,500/month in rental income with strong potential for increased revenue. Ideal for investors seeking immediate cash flow. Property is zoned General Commercial, allowing for multiple future uses - easily convert to a hotel, motel, or multi-residential units (subject to approvals). High-traffic location just minutes from world-renowned Niagara Falls, major highways, and tourist attractions. A rare find in a high-demand area! Key Investment Advantages: Year-Round Tourist Attraction: High foot traffic due to proximity to Niagara Falls and entertainment areas. Development Potential: Opportunities for building hotels, mixed-use plazas, retirement homes, and more. Capital Appreciation: Increasing demand with the expansion of shopping, dining, and entertainment developments nearby. Future Growth: This area is witnessing rapid growth, making it a hotspot for investors and developers. |
| Price | $1,789,000 |
| Taxes: | $9332.92 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 5829 Ferry Street , Niagara Falls, L2G 1S8, Niagara |
| Postal Code: | L2G 1S8 |
| Province/State: | Niagara |
| Directions/Cross Streets: | Main Street & Ferry Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Retail |
| Use: | Other |
| Building Percentage: | F |
| Total Area: | 12281.61 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit Recreation/Comm |
| Approximatly Age: | 51-99 |
| Franchise: | F |
| Days Open: | O |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Outside Storage: | F |
| Crane: | F |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| REVEL Realty Inc., Brokerage |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Niagara |
| Municipality: | Niagara Falls |
| Neighbourhood: | 215 - Hospital |
| Approximate Age: | 51-99 |
| Tax: | $9,332.92 |
| Fireplace: | N |
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