Matthew Tenk
Broker of Record
4511 Queen Street Niagara Falls, Ontario L2E 2L4
$4,087,000
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:39551)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X8368926 |
| Property Type | Multi-family |
Building
| Cooling Type | Fully Air Conditioned |
| Fireplace Present | No |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 18000 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Irregular | 90.5 X 150 Ft |
| Size Total Text | 90.5 X 150 Ft |
https://www.realtor.ca/real-estate/26939386/4511-queen-street-niagara-falls
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Toronto Real Estate Board
RE/MAX Premier Inc.
May 24 2024 04:06:47
