$1,098,000

For sale

Book a showing

4497 Queen Street, Niagara Falls (Downtown) - Retail for Sale

4497 Queen Street, Niagara Falls (Downtown), Ontario, L2E2L4

6,800 ft²39 × 150 ft (5,895 sq ft) lot sizeListed 103 days ago

Overview

This retail property in Niagara Falls is for sale offering roughly 6,800 sq ft of space.

Retail Space for Sale in Niagara Falls →All real estate in Niagara Falls →

Description

Exceptional mixed-use investment opportunity in the heart of Downtown Niagara Falls. Fully renovated two-storey building offering approximately 6,800 sq. ft., including 4,400 sq. ft. of commercial space and 2,400 sq. ft. of residential space, plus a full basement. The main floor features AAA commercial tenants with long-term leases, providing stable income. The second floor offers three fully renovated and furnished apartments (2 one-bedroom and 1 two-bedroom),ideal for Airbnb or long-term rentals. Prime location just steps from Niagara University, City Hall, the train station, restaurants, and major tourist attractions, with excellent pedestrian traffic. Zoned CB (Central Business), offering outstanding investment and redevelopment potential. New appraisal available. Priced below appraised value with a strong cap rate. (id:66096)

Property Details

MLS®: X13602596
Property Type: Retail
Zoning: CB
Interior Size: 6,800 ft²
Lot Size: 39 × 150 ft (5,895 sq ft)
Frontage: 39 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $11,665/yr
Listed: 103 days ago

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

103d

Niagara Falls (Downtown) listings, avg age

88d

Price / ft²

$161

List price

$1.10M

Haho

This retail in Niagara Falls (Downtown) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Set a price alert Book a showing

Listed by SUTTON GROUP-ADMIRAL REALTY INC. · Ahmad Rezapoor

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2E)

This home lists at $1,098,000, about 18.1× the local median household income of $60,800.

Carrying it typically needs a household income of about $214,478 (20% down, 25-yr amortization, stress-tested) — roughly 253% above the area median.

Median household income: $60,800
Population: 18,587
Median age: 46.4
Owner / renter: 61% / 39%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L2E)

$1,098,000· $161/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

Inquire about financing →