Excellent Commercial Investment Opportunity Near Niagara Falls!Versatile commercial building featuring a large, fully operational restaurant on the main floor and 10 rental rooms across the first and second floors. Currently generating $7,500/month in rental income with strong potential for increased revenue. Ideal for investors seeking immediate cash flow. 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. (id:49269)
| MLS® Number | X13599838 |
| Property Type | Retail |
| Community Name | 215 - Hospital |
| Amenities Near By | Public Transit, Recreation |
| Farm Type | Other |
| Age | 51 To 99 Years |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 12281.61 Sqft |
| Size Interior | 12,282 Sqft |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Public Transit, Recreation |
| Size Depth | 202 Ft |
| Size Frontage | 60 Ft |
| Size Irregular | Bldg=60 X 202.08 Ft |
| Size Total Text | Bldg=60 X 202.08 Ft |
| Zoning Description | Gc |
https://www.realtor.ca/real-estate/30072669/5829-ferry-street-niagara-falls-hospital-215-hospital
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