5848 - 5850 Ferry Street Niagara Falls, Ontario L2G 1S9
$1,188,888
Prime Mixed-Use Investment Opportunity Located In The Heart Of Niagara Falls Just Minutes From TheWorld-Famous Clifton Hill Tourist District. 5848-5850 Ferry Street Features A Renovated Two-Storey BuildingWith A Commercial Unit On The Main Floor Occupied By A Massage Therapy Business With A New Lease In Place,Providing Immediate Income, And A Fully Renovated Two Bedroom Two Bathroom Apartment Above With ModernFinishes And A Bright Functional Layout Ideal For Long-Term Tenants Or Potential Short-Term RentalOpportunities Subject To Municipal Regulations. Extensive Improvements Have Been Completed Throughout TheBuilding Including New Framing, Spray Foam Insulation Throughout Walls And Ceilings, Fire-Rated ConstructionBuilt To Code, New Windows, A New Subfloor System, And A Rebuilt Flat Roof With Balcony. Electrical Has BeenUpgraded With 400-Amp Service Split Between The Commercial And Residential Spaces. Tourist Commercial ZoningAllows A Wide Range Of Retail, Service, And Tourism Related Uses And Also Offers Long-Term RedevelopmentPotential With Building Heights Permitted Up To Approximately Ten Storeys Subject To Municipal Approvals.Property May Also Be Purchased Together With The Adjacent Mixed-Use Building At 5856-5860 Ferry StreetCreating A Rare Portfolio Opportunity In One Of Niagara Falls' Most Active Tourism Corridors. (id:50787)
Property Details
| MLS® Number | X12860080 |
| Property Type | Retail |
| Community Name | 216 - Dorchester |
| Parking Space Total | 2 |
Building
| Bathroom Total | 3 |
| Appliances | Dryer, Microwave, Washer, Window Coverings |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 2700 Sqft |
| Size Interior | 2,700 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 80 Ft |
| Size Frontage | 25 Ft |
| Size Irregular | Bldg=25 X 80 Ft |
| Size Total Text | Bldg=25 X 80 Ft |
| Zoning Description | Gc/tc |
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March 09 2026 12:42:24
Toronto Real Estate Board
Exp Realty