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4511 Queen Street Niagara Falls, Ontario L2E 2L4

18000 sqft
Fully Air Conditioned Other

$3,887,000

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:58043)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X8368926
Property Type Multi-family

Building

CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Other
SizeInterior 18000 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 150 Ft
SizeFrontage 90 Ft ,6 In
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

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Ray Rezapoor
Broker


RE/MAX Premier Inc.
9100 Jane St Bldg L #77
Vaughan, Ontario L4K 0A4

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