8,800 ft2
Fully Air Conditioned
Forced Air
$1,349,000
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:47351)
Property Details
|
MLS® Number
|
X12635770 |
|
Property Type
|
Retail |
|
Community Name
|
210 - Downtown |
Building
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
8,800 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
150 Ft |
|
Size Frontage
|
60 Ft ,2 In |
|
Size Irregular
|
60.2 X 150 Ft |
|
Size Total Text
|
60.2 X 150 Ft |
|
Zoning Description
|
C |
https://www.realtor.ca/real-estate/29189048/4507-queen-street-niagara-falls-downtown-210-downtown