6235 Drummond Road

Niagara Falls, L2G 4M5
FOR SALE
$1,499,000
6235 Drummond Road, Niagara Falls
6235 Drummond Road
6235 Drummond Road
6235 Drummond Road
6235 Drummond Road
6235 Drummond Road
6235 Drummond Road
6235 Drummond Road
6235 Drummond Road
6235 Drummond Road
6235 Drummond Road
6235 Drummond Road
6235 Drummond Road
6235 Drummond Road
6235 Drummond Road
6235 Drummond Road
6235 Drummond Road
6235 Drummond Road
6235 Drummond Road
6235 Drummond Road
Store W Apt/Office
CATEGORY
6,180 Sq Ft
OFFICE/APT AREA
X13612460
MLSID
Contact Us
Property Description
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 Details
Address
6235 Drummond Road
Postal Code
L2G 4M5
Property Type
Store W Apt/Office, Store W Apt/Office
Use
Store With Apt/Office
Zoning
NC, R1E
Lot Size
120' x 115'
Office Area
6,180 Sq Ft
Retail Area
6,180 Sq Ft
Acreage
11,786.0 Feet
Taxes
$20,443 (2025
Heat Type
Gas Forced Air Open
Water
Municipal
Garage Type
Plaza
Listing contracted with Re/Max Niagara Realty Ltd, Brokerage
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
335757632