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4511 Queen St

Queen St, Elgin, Niagara Falls, ON, L2E 2L4

-
Beds
-
Baths
18,000
Sq. Ft.
$4,087,000
List Price
Details
Photos
40
Comparables
History
4511 Queen St, Niagara Falls, ON - 1 of 3
4511 Queen St, Niagara Falls, ON - 2 of 3
4511 Queen St, Niagara Falls, ON - 3 of 3
33 days on market

Quick Summary

  • Spacious 18,000 sqft commercial and residential property
  • Fully leased commercial spaces with high-quality tenants
  • Renovated 10-unit residential building with furnished apartments
  • Ideal location in downtown Niagara Falls near key amenities
  • Attractive 7%+ capitalization rate for investors
  • High development potential with 6-story zoning allowance

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... Show More

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:54626)

Property Details

Size

18,000 sq. ft.
0 Beds
0 Baths

Heating & Cooling

Heating
Other
Cooling
Fully air conditioned

Utilities

Water
Municipal water
Sewer
Sanitary sewer

Source

Listing Brokerage

MLS® Listing
X8368926
Last Updated
May 24, 2024
Brokerage
RE/MAX PREMIER INC.
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