Exceptional mixed-use investment opportunity in the heart of Downtown Niagara Falls. Fully renovated two-storey building offering approximately 6,800 sq. ft., including 4,400 sq. ft. of commercial space and 2,400 sq. ft. of residential space, plus a full basement. The main floor features AAA commercial tenants with long-term leases, providing stable income. The second floor offers three fully renovated and furnished apartments (2 one-bedroom and 1 two-bedroom),ideal for Airbnb or long-term rentals. Prime location just steps from Niagara University, City Hall, the train station, restaurants, and major tourist attractions, with excellent pedestrian traffic. Zoned CB (Central Business), offering outstanding investment and redevelopment potential. New appraisal available. Priced below appraised value with a strong cap rate. (id:13843)
| MLS # | X13602596 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 91 |
| Listing Provided By | SUTTON GROUP-ADMIRAL REALTY INC. | Ahmad Rezapoor |
| SQ Feet | 6,800 |
|---|---|
| Zoning | CB |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 11665 |
|---|
| Province | ON |
|---|---|
| City | Niagara Falls (Downtown) |
| Postal Code | L2E2L4 |
| Listing VS Median (in L2E2L4) | |
Price: $1,098,000 low | high Med: $1,098,000 sqft: 6,800 low | high Med: 6,800 $ / sqft: $161 low | high Med: $161 On site: 91 low | high Med: 91 | |
| Province | ON |
|---|---|
| City | Niagara Falls (Downtown) |
| Postal Code | L2E2L4 |
| Listing VS Median (in L2E2L4) | |
Price: $1,098,000 low | high Med: $1,098,000 sqft: 6,800 low | high Med: 6,800 $ / sqft: $161 low | high Med: $161 On site: 91 low | high Med: 91 | |