5848 Ferry Street
Niagara Falls, ON
- 3 bath
- 2,700 sqft
- Commercial Retail
- 179 days on market
Prime Mixed-Use Investment Opportunity Located In The Heart Of Niagara Falls Just Minutes From The World-Famous Clifton Hill Tourist District. 5848-5850 Ferry Street Features A Renovated Two-Storey BuildingWith A Commercial Unit On The Main Floor Occupied By A Massage Therapy Business With A New Lease In Place,Providing Immediate Income, And A Fully Renovated Two Bedroom Two Bathroom Apartment Above With Modern Finishes And A Bright Functional Layout Ideal For Long-Term Tenants Or Potential Short-Term Rental Opportunities Subject To Municipal Regulations. Extensive Improvements Have Been Completed Throughout The Building Including New Framing, Spray Foam Insulation Throughout Walls And Ceilings, Fire-Rated Construction Built To Code, New Windows, A New Subfloor System, And A Rebuilt Flat Roof With Balcony. Electrical Has Been Upgraded With 400-Amp Service Split Between The Commercial And Residential Spaces. Commercial Zoning Allows A Wide Range Of Retail, Service, And Tourism Related Uses And Also Offers Long-Term Redevelopment Potential With Building Heights Permitted Up To Approximately Ten Storeys Subject To Municipal Approvals. Property May Also Be Purchased Together With The Adjacent Mixed-Use Building At 5856-5860 Ferry Street Creating A Rare Portfolio Opportunity In One Of Niagara Falls' Most Active Tourism Corridors.
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Listing Details
- Taxes (2025)
- $6,600
- Listed
- March 9, 2026
Price History
Property
- Lot Size
- 25 x 80 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Main And Ferry Street
- Zoning
- GC
- Parcel Number
- 643490007
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- Washer, Dryer, Refrigerator, Microwave, Stove, Apartments Elfs, Apartment Window Coverings
- Exclusions
- Commercial Tenants Belongings
Community
Postal area L2G
- Population
- 30,344
- Private dwellings
- 13,412
- Median age
- 44.8
- Average household size
- 2.4
- Median household income
- $69,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Niagara Falls · last 12 months
- Median sold price
- $560,000
- Homes sold
- 1,063
- Median days on market
- 31
- Sale-to-list price
- 96.2%
Based on 1,063 recorded sales of commercial properties in Niagara Falls over the last 12 months.
Listed by
EXP REALTY
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 2,700 sq ft
- Price per sq ft
- $440.33
- Annual property tax
- $6,600
- Tax per sq ft
- $2.44
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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