5829 Ferry Street, Niagara Falls, ON L2G 1S8

$1,789,000

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List Price
$1,789,000
MLS#
X13599838
Status
ACTIVE UNDER CONTRACT
Type
Commercial
SubType
Commercial Retail
Province
ON
Municipality
Niagara Falls
Area
Niagara
Neighborhood
215 - Hospital
Subdivision
Main Street & Ferry Street

Property Description

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.

Additional Information

Taxes
$19,045
Heat Type
Gas Forced Air Closed
Air Conditioning
Yes
Lot Depth
202
Garage Type
Boulevard

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Calculator source: Real Geeks

Listing courtesy of REVEL Realty Inc., Brokerage.