5848-5860 FERRY STREET Niagara Falls

5848-5860 FERRY STREET, Niagara Falls, Ontario

$2,399,888

  • 7 Bath
  • 6,500 Square Feet
Rare Opportunity To Acquire Two Side-By-Side Mixed-Use Investment Properties In The Heart Of Niagara Falls' Tourism District. 5848-5860 Ferry Street Consists Of Six Income-Producing Units Including Three Commercial Storefronts And Three Residential Apartments Across Two Buildings, Offering Immediate Cash Flow Along With Significant Long-Term Upside Potential.Positioned Along One Of Niagara Falls' Primary Tourist Corridors Just Minutes From Clifton Hill, Niagara Falls, Casinos, Hotels, Restaurants, And Major Attractions, The Property Benefits From Exceptional Exposure, Strong Vehicle And Pedestrian Traffic, And Outstanding Tenant Demand.The Commercial Spaces Offer Flexible Layouts Suitable For A Variety Of Retail, Office, Service, Hospitality, And Tourism Uses, While The Residential Apartments Provide Stable Rental Income And Opportunity For Future Rent Growth. General Commercial (GC) Zoning Also Provides Excellent Redevelopment Potential With Building Heights Permitted Up To Approximately Ten Storeys (Buyer To Verify).With Approximately 6,500 Square Feet Of Building Area, Multiple Income Streams, Strong Existing Cash Flow, Rear Parking, Value-Add Opportunities, And A Projected Pro Forma Capitalization Rate Of Approximately 7.46%, This Portfolio Represents An Outstanding Opportunity For Investors Seeking Both Stable Returns And Future Appreciation In One Of Ontario's Most Recognized Tourism Markets.Vendor Take-Back Financing May Be Available To Qualified Purchasers, Subject To Seller Approval. Financial Statements Available Upon Request. (id:50004)
  • Listing ID: X13559736
  • Property Type: Retail

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Details

  • Amenities Nearby: Highway, Public Transit
  • Equipment: Water Heater
  • Parking Spaces: 10
  • Rental Equipment: Water Heater
  • Transaction: For sale
  • Zoning Description: GC

Building

  • Appliances: All, Window Coverings
  • Cooling: Fully air conditioned
  • Fireplace Present: False
  • Bathrooms (Total): 7
  • Heating: Radiant heat, Baseboard heaters, Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 6500 sqft
  • Utility Water: Municipal water

Land

  • Amenities: Highway, Public Transit
  • Size Frontage: 66 ft
  • Size Irregular: 66 x 81 FT

REALTOR® MLS®

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    This property for sale is located at 5848-5860 FERRY STREET in Niagara Falls. It was last modified on July 14th 2026.
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