$ 3,887,000
4511 Queen ST Niagara Falls, ON L2E 2L4
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,887,000
Est. payment /mo
Active
4511 Queen ST Niagara Falls, ON L2E 2L4
18,000 SqFt
UPDATED:
08/20/2024 04:21 PM
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
Listed by RE/MAX PREMIER INC.