More Photos

×

    For Sale - 5848-5860 ferry Street, Niagara Falls, Ontario

    Est payment $11,524/mo
    Get pre-qualified
    Views   3
    Time on Jump  19 day

    AI Summary *

    • Two side-by-side mixed-use properties in a prime tourist area.
    • Six income-generating units, including three commercial and three residential.
    • High visibility and pedestrian traffic near major attractions and amenities.
    • Flexible commercial spaces suitable for various businesses and services.
    • Strong cash flow with potential for future rent growth and redevelopment.




    Rare opportunity to acquire two side-by-side mixed-use investment properties in the heart of niagara falls' tourism district. 5848-5860 ferry street consists of six income-producing units including three commercial storefronts and three residential apartments across two buildings, offering immediate cash flow along with significant long-term upside potential. Positioned along one of niagara falls' primary tourist corridors just minutes from clifton hill, niagara falls, casinos, hotels, restaurants, and major attractions, the property benefits from exceptional exposure, strong vehicle and pedestrian traffic, and outstanding tenant demand. The commercial spaces offer flexible layouts suitable for a variety of retail, office, service, hospitality, and tourism uses, while the residential apartments provide stable rental income and opportunity for future rent growth. General commercial (gc) zoning also provides excellent redevelopment potential with building heights permitted up to approximately ten storeys (buyer to verify). With approximately 6,500 square feet of building area, multiple income streams, strong existing cash flow, rear parking, value-add opportunities, and a projected pro forma capitalization rate of approximately 7. 46%, this portfolio represents an outstanding opportunity for investors seeking both stable returns and future appreciation in one of ontario's most recognized tourism markets. Vendor take-back financing may be available to qualified purchasers, subject to seller approval.
    Listing IDX13559736
    Address5848-5860 ferry Street
    CityNiagara Falls, Ontario
    Price$2,399,888
    Bath7 Full
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Major Highway, Public TransitBasement 1Heating / Cooling Radiant

    ASAP

    Mon

    3

    Aug

    Tue

    4

    Aug

    Wed

    5

    Aug

    Thu

    6

    Aug

    Fri

    7

    Aug

    Sat

    8

    Aug

    Sun

    9

    Aug

    Mon

    10

    Aug

    Tue

    11

    Aug

    Wed

    12

    Aug

    Thu

    13

    Aug

    Fri

    14

    Aug

    Sat

    15

    Aug

    Sun

    16

    Aug

    Mon

    17

    Aug

    Tue

    18

    Aug

    Wed

    19

    Aug

    Thu

    20

    Aug

    Fri

    21

    Aug

    Sat

    22

    Aug

    Sun

    23

    Aug

    Mon

    24

    Aug

    Tue

    25

    Aug

    Wed

    26

    Aug

    Thu

    27

    Aug

    Fri

    28

    Aug

    Sat

    29

    Aug

    Sun

    30

    Aug

    Mon

    31

    Aug

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Agency:  EXP REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    158b Glebemount Avenue
    Toronto, Ontario.
    3 Beds | 3 Baths
    $1,358,000
    1933 Plank Rd Road
    St. Clair, Ontario.
    4 Beds | 1 Baths
    $569,900
    12 Wynnview Court
    Toronto, Ontario.
    4 Beds | 2 Baths
    $1,750,000
    2290 Torrey Pines Way Unit#…
    London North, Ontario.
    4 Beds | 3 Baths
    $999,900
    44 Roxborough Lane
    Vaughan, Ontario.
    5 Beds | 4 Baths
    $1,679,000
    23 Holyrod Drive
    Clarington, Ontario.
    5 Beds | 4 Baths
    $1,147,900
    7 Urwin Street
    Ajax, Ontario.
    6 Beds | 4 Baths
    $1,199,900
    939 Catskill Drive
    Oshawa, Ontario.
    4 Beds | 4 Baths
    $849,900
    2381 New Providence Street
    Oshawa, Ontario.
    5 Beds | 4 Baths
    $1,450,000
    Loading...
    5848-5860 Ferry Street
    Niagara Falls , Ontario
    7 $2,399,888
    Get more info