5848-5850 FERRY STREET, Niagara Falls (dorchester), ON L2G1S9
See all 22 photos
5848-5850 FERRY STREET, Niagara Falls (dorchester), ON L2G1S9
5848-5850 FERRY STREET, Niagara Falls (dorchester), ON L2G1S9
5848-5850 FERRY STREET, Niagara Falls (dorchester), ON L2G1S9
5848-5850 FERRY STREET, Niagara Falls (dorchester), ON L2G1S9
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Goldy Kang PREC*

Goldy Kang PREC*

+1(604) 440-0112
$ 1,138,888
Est. payment /mo
Save Virtual Tour
New

5848-5850 FERRY STREET Niagara Falls (dorchester), ON L2G1S9

3 Baths

2,700 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2700

Square Footage 2,700 sqft

Price per Sqft $421

Subdivision 216 - Dorchester

MLS® Listing ID X13559732

Property Description

Prime Mixed-Use Investment Opportunity In The Heart Of Niagara Falls' Thriving Tourism District, Just Minutes From World-Famous Clifton Hill, The Falls, Major Hotels, Restaurants, Casinos, And Entertainment. This Fully Renovated Two-Storey Building Features A Strong Income-Producing Commercial Unit On The Main Floor With A Long-Term Tenant In Place, Alongside A Beautifully Renovated Two Bedroom, Two Bathroom Residential Apartment Above Offering Additional Rental Income And Excellent Flexibility For Investors.Extensively Renovated From Top To Bottom, The Property Has Undergone Significant Capital Improvements Including New Framing, Spray Foam Insulation Throughout Walls And Ceilings, Fire-Rated Construction Built To Code, New Windows, New Subfloor System, Rebuilt Flat Roof With Balcony, And Upgraded 400-Amp Electrical Service Split Between The Residential And Commercial Components.Situated On General Commercial (GC) Zoning, The Property Permits A Wide Range Of Retail, Service, Hospitality, And Tourism-Related Uses While Also Offering Long-Term Redevelopment Potential With Permitted Building Heights Of Approximately Ten Storeys (Buyer To Verify). This Is An Excellent Opportunity For Investors Seeking Stable Cash Flow Today With Significant Future Upside.May Also Be Purchased Together With The Adjacent Mixed-Use Property At 5856-5860 Ferry Street, Creating A Rare Multi-Building Investment Portfolio In One Of Niagara Falls' Most Active Commercial Corridors. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air,

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 3

Garage No

Private Pool No

Others

Virtual Tour https://www.youtube.com/watch?v=aBwkSYNqPEw

Powered by: REALTOR.ca
Listed by EXP REALTY
Goldy Kang PREC*

Goldy Kang PREC*

Broker | License ID: 166131RTS

+1(604) 440-0112

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Goldy Kang Real Estate Group - Century 21 Coastal Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

5848-5850 FERRY STREET