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$1,789,000
Available - For Sale
Listing ID: X13599838
Excellent Commercial Investment Opportunity Near Niagara Falls!Versatile commercial building featuring a large restaurant on the main floor and 10 rental rooms across the first and second floors. We recently renovated the entire building for strong potential for revenue . Ideal for investors seeking immediate cash flow. With renovation of this building we are expecting revenue between 10 to 12000 Per month. 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: $19,045.57
Tax Type: Annual
Occupancy by: Vacant
Address: 5829 Ferry Street , Niagara Falls, L2G 1S8, Niagara
Postal Code: L2G 1S8
Province/State: Niagara
Directions/Cross Streets: Main Street & Ferry Street
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Category: Retail
Use: Other
Building Percentage: F
Total Area: 12,281.61
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
Maintenance: 0
Sprinklers: Yes
Outside Storage: F
Crane: F
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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REVEL Realty Inc., Brokerage

5829 Ferry Street , Niagara Falls, L2G 1S8, Niagara

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Com - Commercial Retail
Area: Niagara
Municipality: Niagara Falls
Neighbourhood: 215 - Hospital
Style:
Lot Size: x 202.08(Feet)
Approximate Age: 51-99
Tax: $19,045.57
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949