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• 4511 Queen St, Niagara Falls, ON L2E 2L4

$3,887,000 ^{FOR SALE}

Investment

Lot: 90.5 x 150 ftTotal Area: 18,000 ft²
2023 Taxes: $30,800

4511 Queen St
Niagara Falls, ON L2E 2L4 | Niagara

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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.

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Listed By	RE/MAX PREMIER INC.
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X8368926
Last Updated	Aug 20, 2024

Property Summary

Property Type	Investment More like this: Niagara Falls Investment for Sale
Use	Apartments - 6 to 12 Units
Category	Apartment
Legal Description	PT LT 11& LT 12 BLK BB PL 999-1000 AS IN RO702095
Occupancy	Partial
Possession Date	TBD
Taxes (2023)	$30,800
Tax Type	Annual
Directions/Cross Streets	Queen St / Victoria Ave
Area	Niagara

Price History

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Detailed Information

Freestanding	Y
Lot	90.5 x 150 ft
Retail Area	10,000 ft2
Office/Apt Area	8,000 ft2
Total Area	18,000 ft2
Elevator	None
Air Conditioning	Y
Basement	Y
Garage Type	None
Heat Type	Gas Forced Air Open
Sprinklers	N
Sewers	Sanitary
Utilities	A
Water	Municipal
Rail	N
Lot/Bldg/Unit Code	Lot
Zoning	CB
Seller Property Info Statement	N

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