Home Details for 5856-5860 FERRY Street

Exceptional Mixed-Use Investment Opportunity Located At 5856-5860 Ferry Street In The Heart Of Niagara FallsJust Minutes From Clifton Hill And The City's Major Tourist Attractions. This Versatile Property Features TwoCommercial Retail Units On The Main Floor And Two Residential Apartments Above Creating A Balanced IncomeProducing Investment Property In A High Exposure Location. One Commercial Unit Operated As A Barber Shop WhileThe Second Unit Is Occupied By A Wig Shop Tenant. The Upper Level Includes A Two Bedroom One Bathroom ApartmentAnd A Separate One Bedroom One Bathroom Apartment Offering Additional Residential Rental Income. Located AlongFerry Street One Of The Primary Routes Leading Toward Niagara Falls' Tourism District The Property Benefits FromConsistent Local And Visitor Traffic And Is Surrounded By Hotels Restaurants Entertainment Attractions AndResidential Neighbourhoods. Tourist Commercial Zoning Allows A Wide Range Of Retail Service, AirBNB, HospitalityAnd Tourism Related Uses And Also Offers Long-Term Redevelopment Potential With Building Heights Permitted Up ToApproximately Ten Storeys Subject To Municipal Approvals. Property May Also Be Purchased Together With TheAdjacent Building At 5848-5850 Ferry Street Creating A Rare Opportunity To Acquire Two Side-By-Side Mixed-UseInvestment Properties In One Of Niagara Falls' Most Active Tourism Corridors. (id:31684)

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