Exceptional mixed-use investment opportunity in one of Niagara Falls' most convenient and sought-after commercial corridors! Ideally situated in a high-visibility, central location just minutes from the Lundy's Lane Tourist District and the Fallsview Casino District, this well-maintained property offers outstanding long-term income potential in a thriving area.The property consists of two buildings with ample on-site parking, offering a total of nine rental units, including three commercial units and six residential apartments. Generating approximately $157,000 in annual gross rental income and offering a cap rate of approximately 7.5%, this is an excellent opportunity for investors seeking strong, reliable returns.One of the property's greatest assets is its exceptional tenant profile. Two of the commercial tenants have successfully operated their businesses here for over five years, while all six residential units are occupied by long-term tenants who take pride in their homes, maintain their units exceptionally well, and have an excellent history of on-time rent payments. Rents are largely in line with today's market, providing immediate, dependable cash flow while offering continued upside. With a stable tenant base and well-maintained buildings, this is truly a minimal-management investment.Ownership has completed numerous capital improvements, including a new electrical panel in Building #2, new owned hot water tanks in Building #1, and a new sewage system servicing Building #2, giving future owners added confidence and reducing the likelihood of major capital expenses.Whether you're expanding an existing portfolio or acquiring your first mixed-use asset, opportunities like this are becoming increasingly rare. A turnkey investment offering strong financial performance, quality tenants, and an unbeatable Niagara Falls location. Please click the links attached to for a full property virtual tour/photos. 1 of the agents will meet you there so it's easy to show.
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
Yes
Total Area:
11786 sq. ft. Square Feet
Total Area:
11,786.47 sq. ft.1,095 m2
Retail Area:
6180 sq. ft. Sq Ft
Office/Apt Area:
6180 sq. ft. Sq Ft
Lot Depth:
115'35.1 m
Lot Frontage:
119'11⅞"36.6 m
Lot Shape:
Irregular
Bathrooms:
9.0
Water supply:
Municipal
Zoning:
NC, R1E
Heating type:
Gas Forced Air Open
Garage:
Plaza
Possession Details:
Immediate with tenants
Lot Irregularities:
Lot Depth N/A as per GEO
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$20,443 /
2025
Assessment:
$- /
2025
Niagara
Niagara Falls
216 - Dorchester
Major Highway, Public Transit
Yes
All tenants belongings
None
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Gross income:
$157,368
Expenses Actual/Estimated:
Estimated
Heating Expenses:
$4,329.65
Hydro Expenses:
$4,329.65
Insurance Expenses:
$7,084.87
Management Expenses:
$0
Tax Expenses:
$20,443
Water Expenses:
$2,886.43
Year Expenses:
2025
Maintenace Expenses:
$7,595
Category:
Store With Apt/Office
Franchise:
No
Chattels:
Yes
Date Listed:
Jul 28, 2026
Original Price:
$1,499,000
BUILDING 1: 2 RESIDENTIAL RENTALS AND 1 COMMERCIAL
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