12282 sqft
Fully Air Conditioned
Forced Air
$1,789,000
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. (id:14833)
Property Details
|
MLS® Number
|
X13599838 |
|
Property Type
|
Retail |
|
Community Name
|
215 - Hospital |
|
Amenities Near By
|
Public Transit, Recreation |
|
Farm Type
|
Other |
Building
|
Age
|
51 To 99 Years |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Exterior
|
12281.61 Sqft |
|
Size Interior
|
12282 Sqft |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit, Recreation |
|
Size Depth
|
202 Ft |
|
Size Frontage
|
60 Ft |
|
Size Irregular
|
Bldg=60 X 202.08 Ft |
|
Size Total Text
|
Bldg=60 X 202.08 Ft |
|
Zoning Description
|
Gc |
https://www.realtor.ca/real-estate/30072669/5829-ferry-street-niagara-falls-hospital-215-hospital