5829 Ferry Street Niagara Falls, Ontario L2G 1S8

12,282 sqft
Fully Air Conditioned Forced Air

$1,789,000

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)

Property Details

MLS® Number X13599838
Property Type Retail
Community Name 215 - Hospital
Amenities Near By Public Transit, Recreation
Farm Type Other

Building

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

Land

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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