Exceptional value-add mixed-use investment in the heart of Downtown Niagara Falls. This fully renovated property offers over 8,000 sq. ft. on two levels plus a full basement, featuring 2commercial units (1 leased, 1 vacant) and 7 fully furnished residential units, ideal for short-term (Airbnb) or long-term rentals. Located in the CB (Central Business) zone, just steps from Niagara University, City Hall, transit, restaurants, and major tourist attractions, ensuring excellent pedestrian traffic and rental demand. Strong cash flow, high cap rate, and significant upside with vacant commercial space. New appraisal available. Offered well below appraised value, making this one of the best investment opportunities in Niagara Falls. (id:13843)
| MLS # | X13602146 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 102 |
| Listing Provided By | SUTTON GROUP-ADMIRAL REALTY INC. | Ahmad Rezapoor |
| SQ Feet | 11,200 |
|---|---|
| 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 | 13825 |
|---|
| Province | ON |
|---|---|
| City | Niagara Falls (Downtown) |
| Postal Code | L2E2L4 |
| Listing VS Median (in L2E2L4) | |
Price: $1,498,000 low | high Med: $1,098,000 sqft: 11,200 low | high Med: 6,800 $ / sqft: $134 low | high Med: $161 On site: 102 low | high Med: 102 | |
| Province | ON |
|---|---|
| City | Niagara Falls (Downtown) |
| Postal Code | L2E2L4 |
| Listing VS Median (in L2E2L4) | |
Price: $1,498,000 low | high Med: $1,098,000 sqft: 11,200 low | high Med: 6,800 $ / sqft: $134 low | high Med: $161 On site: 102 low | high Med: 102 | |