$1,789,000
Available - For Sale
Listing ID: X13599838
5829 Ferry Street , Niagara Falls, L2G 1S8, Niagara
| 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: | $9332.92 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 5829 Ferry Street , Niagara Falls, L2G 1S8, Niagara |
| Postal Code: | L2G 1S8 |
| Province/State: | Niagara |
| Directions/Cross Streets: | Main Street & Ferry Street |
| 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 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Retail |
| Use: | Other |
| Building Percentage: | F |
| Total Area: | 12281.61 |
| 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 |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Outside Storage: | F |
| Crane: | F |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| REVEL Realty Inc., Brokerage |
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Hamid-Reza Danaie
Broker
Dir:
416-904-7200
Bus:
905-889-2200
Fax:
905-889-3322
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Niagara |
| Municipality: | Niagara Falls |
| Neighbourhood: | 215 - Hospital |
| Approximate Age: | 51-99 |
| Tax: | $9,332.92 |
| Fireplace: | N |
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