$1,348,888
Available - For Sale
Listing ID: X12860076
5856-58 FERRY Street , Niagara Falls, L2G 1S9, Niagara
| 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 TwoCommercial Retail Units On The Main Floor And Two Residential Apartments Above Creating A Balanced IncomeProducing Investment Property In A High Exposure Location. One Commercial Unit Operated As A Barber Shop WhileThe Second Unit Is Occupied By A Wig Shop Tenant. The Upper Level Includes A Two Bedroom One Bathroom ApartmentAnd A Separate One Bedroom One Bathroom Apartment Offering Additional Residential Rental Income. Located AlongFerry Street One Of The Primary Routes Leading Toward Niagara Falls' Tourism District The Property Benefits FromConsistent Local And Visitor Traffic And Is Surrounded By Hotels Restaurants Entertainment Attractions AndResidential Neighbourhoods. Tourist Commercial Zoning Allows A Wide Range Of Retail Service, AirBNB, HospitalityAnd Tourism Related Uses And Also Offers Long-Term Redevelopment Potential With Building Heights Permitted Up ToApproximately Ten Storeys Subject To Municipal Approvals. Property May Also Be Purchased Together With TheAdjacent Building At 5848-5850 Ferry Street Creating A Rare Opportunity To Acquire Two Side-By-Side Mixed-UseInvestment Properties In One Of Niagara Falls' Most Active Tourism Corridors. |
| Price | $1,348,888 |
| Taxes: | $13200.00 |
| Tax Type: | TMI |
| Occupancy: | Tenant |
| Address: | 5856-58 FERRY Street , Niagara Falls, L2G 1S9, Niagara |
| Postal Code: | L2G 1S9 |
| Province/State: | Niagara |
| Legal Description: | PT LT E/S MAIN ST. S OF FERRY ST. PL 53 |
| Directions/Cross Streets: | Main And Ferry |
| 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: | Multi-Use |
| Building Percentage: | T |
| Total Area: | 3264.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 2 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 51-99 |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Water Radiators |
| Central Air Conditioning: | No |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| EXP REALTY |
|
|
.jpg?src=Custom)
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Niagara |
| Municipality: | Niagara Falls |
| Neighbourhood: | 216 - Dorchester |
| Approximate Age: | 51-99 |
| Tax: | $13,200 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
- Color Examples
- Red
- Magenta
- Gold
- Green
- Black and Gold
- Dark Navy Blue And Gold
- Cyan
- Black
- Purple
- Brown Cream
- Blue and Black
- Orange and Black
- Default
- Device Examples