5848-5860 ferry ST, Niagara Falls, ON L2G 1S9
5848-5860 ferry ST, Niagara Falls, ON L2G 1S9
5848-5860 ferry ST, Niagara Falls, ON L2G 1S9
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Tyler Verheul

Tyler Verheul

+1(613) 797-0208
$2,149,888
Est. payment /mo
7 Baths
6,500 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,500 sqft

Price per Sqft $330

Subdivision 216 - Dorchester

MLS Listing ID X13720800

Annual Tax Amount $14,401

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

Exceptional Six Mixed-Use Building Investment Portfolio In The Heart Of Niagara Falls, Positioned At An Approximately 7% Pro Forma Cap Rate. Spanning 5848-5860 Ferry Street, This Unique Portfolio Features Six Units Including Three Commercial Units And Three Residential Units, Creating A Diversified Mix Of Commercial And Residential Income. The Combined Properties Also Offer Approximately 10 On-Site Parking Spaces With Shared Driveway Access. $$$$ Spent On Capital Improvements, With New Flat Roofs, New Windows, Modern and High Quality Finishes.Existing Tenancies Provide An Income Base While Currently Available Space Offers Investors Additional Lease-Up Potential, With A Stabilized NOI. The Properties Have Benefited From Significant Capital Improvements And Offer Excellent Exposure Along Ferry Street, Just Minutes From Clifton Hill, The Falls, Fallsview Casino, Major Hotels, Restaurants And Niagara Falls' Tourism And Entertainment District. General Commercial (GC) Zoning Allows For A Broad Range Of Permitted Uses, Providing Flexibility For Investors And Business Owners. Buyers Are Encouraged To Conduct Their Own Due Diligence Regarding Zoning, Permitted Uses And Any Future Development Potential.

Location

Province ON

County Niagara

Area Niagara

Zoning GC

Interior

Cooling Yes

Inclusions All window coverings, existing elfs, all appliances

Exterior

Parking Features Outside/Surface

Community Features Major Highway, Public Transit

Utilities Available Yes

Building

Lot Description Lot

Others

Virtual Tour https://youtu.be/aBwkSYNqPEw?si=UQgDU7A4oLt_YvRi

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Lited by EXP REALTY

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Tyler Verheul

More buyers are choosing LPT Realty for one simple reason — results. With a focus on personalized service, expert guidance, and a modern approach to real estate, we make every step of the process smooth, smart, and stress-free. Discover what sets us apart.

+1(613) 797-0208

tyler@tylervproperties.ca

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5848-5860 ferry ST

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