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:61015)
| MLS® Number | X12986308 |
| Property Type | Retail |
| Community Name | 216 - Dorchester |
| Amenities Near By | Highway, Public Transit |
| Equipment Type | Water Heater |
| Parking Space Total | 10 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 7 |
| Appliances | All, Window Coverings |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat, Baseboard Heaters, Forced Air |
| Size Interior | 6,500 Sqft |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Depth | 81 Ft |
| Size Frontage | 66 Ft |
| Size Irregular | 66 X 81 Ft |
| Size Total Text | 66 X 81 Ft |
| Zoning Description | Gc |
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