4497 Queen Street, Niagara Falls, ON L2E 2L4

$1,098,000

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List Price
$1,098,000
Price Change
▼ $101,000 1786998816
MLS#
X13602596
Status
ACTIVE
Type
Commercial
SubType
Commercial Retail
Province
ON
Municipality
Niagara Falls
Area
Niagara
Neighborhood
210 - Downtown
Subdivision
Queen St/Victoria Ave

Property Description

Exceptional mixed-use investment opportunity in the heart of Downtown Niagara Falls. Fully renovated two-storey building offering approximately 6,800 sq. ft., including 4,400 sq. ft. of commercial space and 2,400 sq. ft. of residential space, plus a full basement. The main floor features AAA commercial tenants with long-term leases, providing stable income. The second floor offers three fully renovated and furnished apartments (2 one-bedroom and 1 two-bedroom),ideal for Airbnb or long-term rentals. Prime location just steps from Niagara University, City Hall, the train station, restaurants, and major tourist attractions, with excellent pedestrian traffic. Zoned CB (Central Business), offering outstanding investment and redevelopment potential. New appraisal available. Priced below appraised value with a strong cap rate.

Additional Information

Taxes
$11,665
Heat Type
Gas Forced Air Open
Air Conditioning
Yes
Lot Depth
150
Garage Type
None

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC..