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Home ON St. Catharines - Niagara Niagara Falls Elgin
4507 QUEEN STREET
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4507 QUEEN STREET $1,349,000
3 days ago
$1,349,000
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4507 QUEEN STREET
Niagara Falls (Downtown), Ontario L2E2L4

MLS® Number: X12635770

Listing Description

Prime downtown mixed-use investment at 4507-4511-4515 Queen St, Niagara Falls. Over 8,800 sq ft on two levels plus full basement, located in the Central Business District (CB zoning). Main floor offers 2 commercial units (1 leased, 1 vacant). Second floor features 5 fully renovated, furnished apartments, plus 2 rear units (total 7 residential units: 4 one-bed, 1 two-bed, 2 bachelor). Turnkey for short-term (Airbnb) or long-term rental. Steps to Niagara University, City Hall, transit, and high foot traffic area. Projected cap rate over 8%. Strong cash flow with future upside amid ongoing downtown revitalization and investment. Can be purchased with 4497 Queen St. (41824818)

Location Description

Queen St/Victoria Ave

Property Summary

Property Type
Retail
Community Name
210 - Downtown
Land Size
60.2 x 150 FT
Annual Property Taxes
$13,825
Time on REALTOR.ca
3 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water

Measurements

Square Footage
8800 sqft

Land

Lot Features
Frontage
60 ft ,2 in
Land Depth
150 ft
Other Property Information
Zoning Description
C
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Ahmad Rezapoor