4507 QUEEN STREET, Niagara Falls, Ontario, L2E 2L4

$1,349,000

MLS® # X12635770

Commercial For Sale In Elgin, Niagara Falls, Ontario

$1,349,000

Property Information:

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:27)

Building Features:

  • Style: Retail
  • Air Conditioning: Yes
  • Floor Space: 8800 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Retail
  • Floor Space (approx): 8800 Square Feet
  • Irregular: Yes
  • Lot Depth: 150 Feet
  • Lot Frontage: 60.2 Feet
  • Lot Size: 60.2 x 150 FT
  • Zoning: C
  • Sewer: Sanitary sewer

Courtesy of: SUTTON GROUP-ADMIRAL REALTY INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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