Exceptional Mixed-Use Investment Opportunity In The Heart Of Niagara Falls At 5848-5860 Ferry Street, Featuring Two Adjoining Buildings With A Total Of 6 Income-Generating Units, Including 3 Commercial Storefronts And 3 Residential Apartments. Ideally Situated Right On Ferry Street, In A High-Traffic, High-Visibility Location Just Steps From Major Attractions, Transit, And Established Local Businesses, This Property Offers Strong Exposure And Consistent Foot Traffic. The Commercial Units Provide Flexible Layouts Suitable For A Variety Of Uses Including Retail, Service, Or Grocery, Offering Excellent Long-Term Leasing Potential. The Residential Units Are Spacious And Well-Maintained, Delivering Stable Rental Income With Opportunity For Future Rent Growth. With Minimal Operating Expenses And Strong Income Fundamentals, This Property Presents An Attractive Investment With Immediate Cash Flow. Additional Value-Add Potential Exists Through Optimization Of Underutilized Space And Future Repositioning Opportunities. Located In A Growing And Vibrant Area Of Niagara Falls, This Is A Rare Chance To Acquire A Turnkey Mixed-Use Asset With Both Stability And Upside Potential For Investors Or End-Users Looking To Expand Their Portfolio. (id:15265)
Map| MLS® Number | X12986308 |
| Property Type | Retail |
| Community Name | 216 - Dorchester |
| AmenitiesNearBy | Highway, Public Transit |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 10 |
| RentalEquipmentType | Water Heater |
| Acreage | No |
| LandAmenities | Highway, Public Transit |
| SizeDepth | 81 Ft |
| SizeFrontage | 66 Ft |
| SizeIrregular | 66 X 81 Ft |
| SizeTotalText | 66 X 81 Ft |
| ZoningDescription | Gc |
| BathroomTotal | 7 |
| Appliances | All, Window Coverings |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas, Electric |
| HeatingType | Radiant Heat, Baseboard Heaters, Forced Air |
| SizeInterior | 6,500 Ft2 |
| UtilityWater | Municipal Water |
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