5848 - 5850 Ferry Street Niagara Falls (Dorchester), Ontario L2G 1S9
$1,188,888
Prime Mixed-Use Investment Opportunity Located In The Heart Of Niagara Falls Just Minutes From TheWorld-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 ModernFinishes And A Bright Functional Layout Ideal For Long-Term Tenants Or Potential Short-Term RentalOpportunities Subject To Municipal Regulations. Extensive Improvements Have Been Completed Throughout TheBuilding Including New Framing, Spray Foam Insulation Throughout Walls And Ceilings, Fire-Rated ConstructionBuilt To Code, New Windows, A New Subfloor System, And A Rebuilt Flat Roof With Balcony. Electrical Has BeenUpgraded With 400-Amp Service Split Between The Commercial And Residential Spaces. Tourist Commercial ZoningAllows A Wide Range Of Retail, Service, And Tourism Related Uses And Also Offers Long-Term RedevelopmentPotential 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 StreetCreating A Rare Portfolio Opportunity In One Of Niagara Falls' Most Active Tourism Corridors. (id:49269)
Property Details
| MLS® Number | X12860080 |
| Property Type | Retail |
| Community Name | 216 - Dorchester |
| ParkingSpaceTotal | 2 |
Building
| BathroomTotal | 3 |
| Appliances | Dryer, Microwave, Washer, Window Coverings |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeExterior | 2700 Sqft |
| SizeInterior | 2700 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 80 Ft |
| SizeFrontage | 25 Ft |
| SizeIrregular | Bldg=25 X 80 Ft |
| SizeTotalText | Bldg=25 X 80 Ft |
| ZoningDescription | Gc/tc |
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March 09 2026 12:42:24
Toronto Real Estate Board
Exp Realty