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5829 Ferry ST Niagara Falls, ON L2G 1S8
12,281 SqFt
UPDATED:
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
Listed by REVEL Realty Inc., Brokerage