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$1,349,000
Est. payment /mo
8,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,800 sqft
Price per Sqft $153
Subdivision 210 - Downtown
MLS® Listing ID X12635770
Source Toronto Regional Real Estate Board
Property Description
Prime downtown mixed-use investment at 4507-4511-4515 Queen St, Niagara Falls. Over 8,800 sq ft on two levels plus full basement, located in the Central Business District (CB zoning). Main floor offers 2 commercial units (1 leased, 1 vacant). Second floor features 5 fully renovated, furnished apartments, plus 2 rear units (total 7 residential units: 4 one-bed, 1 two-bed, 2 bachelor). Turnkey for short-term (Airbnb) or long-term rental. Steps to Niagara University, City Hall, transit, and high foot traffic area. Projected cap rate over 8%. Strong cash flow with future upside amid ongoing downtown revitalization and investment. Can be purchased with 4497 Queen St. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Sanitary sewer
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