5829 Ferry ST new Save Request In-Person Tour Request Virtual Tour
Niagara Falls,ON L2G 1S8
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 12,281 sqft
Price per Sqft $144
Subdivision 215 - Hospital
MLS Listing ID X12477240
Annual Tax Amount $9,719
Tax Year 2025
Property Sub-Type Investment
Property Description
Excellent Commercial Investment Opportunity Near Niagara Falls!Versatile commercial building featuring a large, fully operational restaurant on the main floor and 10 rental rooms across the first and second floors. Currently generating $7,500/month in rental income with strong potential for increased revenue. Ideal for investors seeking immediate cash flow. Property is zoned General Commercial, allowing for multiple future uses - easily convert to a hotel, motel, or multi-residential units (subject to approvals). High-traffic location just minutes from world-renowned Niagara Falls, major highways, and tourist attractions. A rare find in a high-demand area! Key Investment Advantages: Year-Round Tourist Attraction: High foot traffic due to proximity to Niagara Falls and entertainment areas. Development Potential: Opportunities for building hotels, mixed-use plazas, retirement homes, and more. Capital Appreciation: Increasing demand with the expansion of shopping, dining, and entertainment developments nearby. Future Growth: This area is witnessing rapid growth, making it a hotspot for investors and developers.
Location
State ON
County Niagara
Community 215 - Hospital
Area Niagara
Zoning GC
Interior
Cooling Yes
Exterior
Community Features Public Transit,Recreation/Community Centre
Utilities Available Available
Lot Frontage 60.0
Lot Depth 202.08
Building
Building Age 51-99
Others
ParcelsYN No