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5856 Ferry Street Niagara Falls, Ontario L2G 1S9

3264 sqft
Fully Air Conditioned Radiator

$1,348,888

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:60365)

Property Details

MLS® Number X12860076
Property Type Retail
Community Name 216 - Dorchester
EquipmentType Water Heater
ParkingSpaceTotal 5
RentalEquipmentType Water Heater

Building

Age 51 To 99 Years
Appliances Dryer, Hood Fan, Microwave, Washer, Window Coverings
CoolingType Fully Air Conditioned
HeatingType Radiator
SizeExterior 3264 Sqft
SizeInterior 3264 Sqft
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 75 Ft
SizeFrontage 39 Ft
SizeIrregular Bldg=39.01 X 75 Ft
SizeTotalText Bldg=39.01 X 75 Ft
ZoningDescription Gc

https://www.realtor.ca/real-estate/29444322/5856-ferry-street-niagara-falls-dorchester-216-dorchester

Ian Carrillo
Salesperson


Exp Realty
4711 Yonge St 10th Flr, 106430
Toronto, Ontario M2N 6K8

Emily Barry
Salesperson


Exp Realty
4025 Dorchester Rd Unit: 260a
Niagara Falls, Ontario L2E 7K8

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