Two building 4497-4501-4507-4511-4515 Queen St. side by side in downtown Niagara Falls, each building in two levels with a total of 18,000 sqft! 10000 sqft Commercial and 8000 Residential building located in downtown core of Niagara Falls with full basement. Commercial spaces, fully leased with A tenants. The second floor has 10 fully renovated apartments, and is fully furnished, eight units, one bedroom apartments, two units two bedrooms, ready for short-term rental (Airbnb or long-term rental) steps away from newly opened Niagara University. Near the City Hall, train station, high foot traffic area. More than 7% cap rate. High potential for future development, the city is already allowed to build a minimum 6 stories building. Zoning CB Central Business locations. (id:35492)
Business Type | Residential |
Business Sub Type | Apartments |
MLS® Number | X8368926 |
Property Type | Multi-family |
Cooling Type | Fully Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Other |
Size Interior | 18000 Sqft |
Type | Multi-family |
Utility Water | Municipal Water |
Acreage | No |
Sewer | Sanitary Sewer |
Size Depth | 150 Ft |
Size Frontage | 90 Ft ,6 In |
Size Irregular | 90.5 X 150 Ft |
Size Total Text | 90.5 X 150 Ft |
Zoning Description | Cb |
https://www.realtor.ca/real-estate/26939386/4511-queen-street-niagara-falls
Contact us for more information
Ray Rezapoor
Broker
(416) 987-8000
(416) 987-8001