For Sale - 5848 Ferry Street, Niagara Falls, Ontario

Est payment $5,709/mo
Views   1
Time on Jump  70 day
  • Mixed-use property in a prime location near Clifton Hill tourist district.
  • Commercial unit with a stable lease providing immediate income.
  • Renovated two-bedroom apartment with modern finishes for long-term tenants.
  • Extensive improvements ensure the building is ready for various uses.
  • Zoning allows for diverse retail and potential redevelopment opportunities.



Prime mixed-use investment opportunity located in the heart of niagara falls just minutes from the world-famous clifton hill tourist district. 5848-5850 ferry street features a renovated two-storey buildingwith a commercial unit on the main floor occupied by a massage therapy business with a new lease in place,providing immediate income, and a fully renovated two bedroom two bathroom apartment above with modern finishes and a bright functional layout ideal for long-term tenants or potential short-term rental opportunities subject to municipal regulations. Extensive improvements have been completed throughout the building including new framing, spray foam insulation throughout walls and ceilings, fire-rated construction built to code, new windows, a new subfloor system, and a rebuilt flat roof with balcony. Electrical has been upgraded with 400-amp service split between the commercial and residential spaces. Commercial zoning allows a wide range of retail, service, and tourism related uses and also offers long-term redevelopment potential with building heights permitted up to approximately ten storeys subject to municipal approvals. Property may also be purchased together with the adjacent mixed-use building at 5856-5860 ferry street creating a rare portfolio opportunity in one of niagara falls' most active tourism corridors.
Listing IDX12860080
Address5848 Ferry Street
CityNiagara Falls, Ontario
Price$1,188,888
Bath3 Full
StyleCommercial Retail
TypeIndustrial/Commercial
StatusFor Sale
Subtype Commercial RetailHeating / Cooling Gas Forced Air Open
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Listing Agency:  EXP REALTY

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5848 Ferry Street
Niagara Falls , Ontario
3 $1,188,888
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