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5829 Ferry Street, Niagara Falls, ON L2G 1S8

Niagara Falls, ON

$1,789,000
MLS® #: X13599838
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Description

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.

Quick Details

BedsN/A
BathsN/A
TypeCommercial
Sq Ft0
Taxes$9,333
BOOK A SHOWING

Comprehensive Property Details

Approximate Age 51-99
Basement Y N Yes
Building Area Total 12281.61
Building Area Units Square Feet
City Region 215 - Hospital
Contract Status Available
Country CA
County Or Parish Niagara
Crane Y N No
Cross Street Main Street & Ferry Street
D D F Y N Yes
Directions Ferry Street
Expiration Date 2026-09-26
Franchise Y N No
Freestanding Y N No
Garage Type Boulevard
Heat Type Gas Forced Air Closed
Internet Address Display Y N Yes
Internet Entire Listing Display Y N Yes
List A O R Niagara Association of REALTORS
List Office Name REVEL Realty Inc., Brokerage
List Price Unit For Sale
Lot Depth 202.08
Lot Size Area 12124.8
Lot Size Source MPAC
Lot Size Units Feet
Lot Type Building
Lot Width 60
Mls Status New
Occupant Type Vacant
Outside Storage Y N No
Parcel Number 643160144
Possession Type Flexible
Postal Code L2G 1S8
Property Sub Type Commercial Retail
Property Use Retail
Retail Area 5500
Retail Area Code Sq Ft
Roll Number 272506000403500
Standard Status Active
State Or Province ON
Street Name Ferry
Street Number 5829
Street Suffix Street
Tax Type Annual
Tax Year 2025
Transaction Type For Sale
Vendor Property Info Statement Yes