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5848 Ferry St
Niagara Falls, ON L2G 1S9
$1,188,888
Bathrooms
3
Type
Commercial Retail
Taxes (2025)
$6,600
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Description
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.
Price & Status History
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Property Details
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Guided by Vick Yogeswaran • REALTOR®
RE/MAX Realtron Realty Inc., Brokerage
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Listing Courtesy of:
EXP REALTY
This listing is provided through the TRREB MLS® System.
MLS® #X12860080
Data Accuracy: While every effort has been made to ensure the accuracy of the information, HouseIndex.ca makes no warranties or representations as to the accuracy, completeness, or reliability of this data. All information should be independently verified. Last updated data may not reflect the most current MLS® listings.