4511 Queen ST Active

Niagara Falls,ON L2E 2L4

$ 3887000

- Bed

- Bath

18000 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 18,000 sqft

Price per Sqft $215

MLS Listing ID X8368926

Annual Tax Amount $30,800

Tax Year 2023

Property Description

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.

Location

Province ON

County Niagara

Interior

Cooling Yes

Exterior

Utilities Available Available

Parking Type None

Others

Security Features No

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