Exceptional mixed-use property anchored by 8 income-generating residential apartments, complemented by 2 commercial spaces, delivering multiple streams of stable, diversified income. Located just steps from Niagara Falls State Park and the Rainbow Bridge, this high-visibility asset sits in a premier tourist corridor benefiting from over 14 million annual visitors. The residential component is fully leased & well maintained, featuring separate utilities for all units and on-site parking. The unit mix includes one spacious 3-bedroom, 2-bath apartment with historic charm & private entrances; two 2-bedroom units; five 1-bedroom units, offering strong occupancy appeal & consistent rental demand. Units have been updated with modern kitchens, newer appliances (included), fresh paint & laminate flooring. Additional improvements include newer windows and updated sewer lines. The commercial component provides valuable supplemental income and long-term upside. The lower left unit is occupied by an established tenant and features a Pub with indoor seating, outdoor patio, walk-in cooler and dedicated storage. The second commercial unit offers a flexible, large-format layout with multiple access points, including garage-style entry and delivery access, making it attractive for a variety of uses such as retail, gallery, entertainment, or hospitality concepts. This future space is currently leased and is positioned for a museum/lounge concept, highlighting its adaptability & additional income potential. Both commercial units also have all separate utilities and are designed to support steady tenancy in a high-demand tourism & entertainment district, enhancing overall property cash flow and reducing reliance on a single income source. Surrounded by dining, entertainment, public transportation & year-round attractions, this walkable location supports both residential stability & commercial success. Please note that this property may be eligible for a grant of up to 100k from the City of NF & it may be used towards renovation & acquisition. It is reimbursed & 10% must go towards exterior improvements (signage, landscaping, parking lot improvements etc). Also listed under B1670381.
13,991 Sq Ft
0.2 Acres privados Tamaño del lote
inversión
USD 19,538 Impuesto anual
Creado en 1925
MLS/ID del anuncio B1670399
3 Historias
8 Unidades
Construction - Brick
Refrigeración - Aire acondicionado central
Patio
Madera dura
Laminado
Vinilo
Heating - Gas
Heating - Forced Air
Cooling - Ceiling Fans
Carpintería natural
Lot - Near Public Transit
Lot - Rectangular Lot
Horno de gas
Cocina de gas
Calentador de agua a gas
Nevera
Parking - Threeormore Spaces
Aparcamiento - Entrada para vehículos
Parking - No Garage
Abrir
Porche
Membrana
Goma
COSTE MENSUAL TOTAL
USD 0
USD 0
USD 0