5829 FERRY STREET
Niagara Falls (Hospital), Ontario
MLS® X13599838
$1,789,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X13599838
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 50Listing 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.
Property summary
- MLS® number
- X13599838
- Property type
- Retail
- Size
- 12,282 sq ft
- Land size
- Bldg=60 x 202.08 FT
- Annual property taxes
- $19,045.57
- Days on market
- 69 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $1,789,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REVEL Realty Inc., Brokerage, Niagara Falls.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.