5848-5860 FERRY STREET, Niagara Falls (dorchester), ON L2G1S9
5848-5860 FERRY STREET, Niagara Falls (dorchester), ON L2G1S9
5848-5860 FERRY STREET, Niagara Falls (dorchester), ON L2G1S9
35
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$2,149,888
Est. payment /mo
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7 Baths
6,500 SqFt
New

5848-5860 FERRY STREET Niagara Falls (dorchester), ON L2G1S9

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Epique Realty

Epique Realty

+1(844) 437-4783

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Approx. Sqft 6500

Square Footage 6,500 sqft

Price per Sqft $330

Subdivision 216 - Dorchester

MLS® Listing ID X13720800

Property Description

Exceptional Three-Building Mixed-Use Investment Portfolio In The Heart Of Niagara Falls, Positioned At An Approximately 7% Pro Forma Cap Rate. Spanning 5848-5860 Ferry Street, This Unique Portfolio Features Six Units Across Three Buildings, Including Three Commercial Units And Three Residential Units, Creating A Diversified Mix Of Commercial And Residential Income. Existing Tenancies Provide An Income Base While Currently Available Space Offers Investors Additional Lease-Up Potential, With A Stabilized NOI. The Properties Have Benefited From Significant Capital Improvements And Offer Excellent Exposure Along Ferry Street, Just Minutes From Clifton Hill, The Falls, Fallsview Casino, Major Hotels, Restaurants And Niagara Falls' Tourism And Entertainment District. General Commercial (GC) Zoning Allows For A Broad Range Of Permitted Uses, Providing Flexibility For Investors And Business Owners. Buyers Are Encouraged To Conduct Their Own Due Diligence Regarding Zoning, Permitted Uses And Any Future Development Potential. The Combined Properties Also Offer Approximately 10 On-Site Parking Spaces With Shared Driveway Access. A Rare Opportunity To Acquire Three Side-By-Side Mixed-Use Buildings As One Portfolio, Combining Existing Income, Lease-Up Potential And Long-Term Investment Opportunity In One Of Niagara Falls' Most Active Commercial Corridors. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Radiant heat, Baseboard heaters, Forced air,

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 10

Garage No

Private Pool No

Others

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Epique Realty

Epique Realty

Epique

+1(844) 437-4783

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5848-5860 FERRY STREET