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:56505)
| BusinessType | Residential |
| BusinessSubType | Apartments |
| MLS® Number | X8368926 |
| Property Type | Multi-family |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeInterior | 18000 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 150 Ft |
| SizeFrontage | 90 Ft |
| SizeIrregular | 90.5 X 150 Ft |
| SizeTotalText | 90.5 X 150 Ft |
| ZoningDescription | Cb |
https://www.realtor.ca/real-estate/26939386/4511-queen-street-niagara-falls
Contact us for more information
Ray Rezapoor
Broker