+23 more
3
Bathrooms
2,700 sqft
Building Area
3
Parking
About This Property
This 3-bathroom retail in Niagara Falls offers 2,700 sqft of building area. The property has lot dimensions of Bldg=25 x 80 FT. The home features forced air, forced air, electric, natural gas heating, fully air conditioned.
MLS Remarks
Prime Mixed-Use Investment Opportunity Located In The Heart Of Niagara Falls Just Minutes From The World-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 Modern Finishes And A Bright Functional Layout Ideal For Long-Term Tenants Or Potential Short-Term Rental Opportunities Subject To Municipal Regulations. Extensive Improvements Have Been Completed Throughout The Building Including New Framing, Spray Foam Insulation Throughout Walls And Ceilings, Fire-Rated Construction Built To Code, New Windows, A New Subfloor System, And A Rebuilt Flat Roof With Balcony. Electrical Has Been Upgraded With 400-Amp Service Split Between The Commercial And Residential Spaces. Commercial Zoning Allows A Wide Range Of Retail, Service, And Tourism Related Uses And Also Offers Long-Term Redevelopment Potential 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 Street Creating A Rare Portfolio Opportunity In One Of Niagara Falls' Most Active Tourism Corridors. (id:60351)
Inclusions
Washer, Dryer, Refrigerator, Microwave, Stove, Apartments Elfs, Apartment Window Coverings
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