5389 Ferry Street
43.0897356, -79.0833165
5389 Ferry Street
Niagara Falls ON L2G 1R9
Canada
Listing Agents
Building Information
The Property consists of a freestanding 6,300 SF retail building situated on an approximately one-acre parcel along Ferry Street in Niagara Falls, Ontario. The building has been occupied by LCBO since 1996 and benefits from an established location serving both local residents and visitors to the surrounding tourism district.
Ferry Street provides connectivity between the City's established commercial and residential neighbourhoods and the major tourism attractions concentrated around Clifton Hill, Victoria Avenue and the Niagara Parkway. The Property's location offers convenient access to the broader Niagara Falls market and nearby regional transportation routes.
The site also benefits from approximately 0.36 acres of separately parceled land, providing an opportunity to explore additional development, parking expansion or other site improvements while retaining the benefit of the existing tenancy.
Fully Leased to LCBO
Fully Leased to LCBO Freestanding 6,300 SF retail building fully leased to the Liquor Control Board of Ontario (LCBO), a Crown corporation of the Province of Ontario.
Primary LCBO Serving Niagara Falls’ Tourism Core
Strategically positioned as the primary full-service LCBO serving Niagara Falls’ core tourism district, at the doorstep of the area’s major hotels, casinos and entertainment attractions, including Clifton Hill and the Falls.
Established Long-Term Tenancy
LCBO has occupied the Property since 1996, demonstrating a 30 year commitment to the location. The current lease expires May 31, 2029, with one additional five-year renewal option at fair market rent.
Demonstrated Rental Growth
The property has experienced 60% growth in base rental rates since 1996, demonstrating a strong history of rental appreciation.
Premier Tourism Destination
Niagara Falls attracts approximately 14 million visitors annually, providing access to a substantial tourism market alongside an established year-round residential population.
Excess Land with Future Potential
Approximately 0.36 acres of excess land offering opportunities for future redevelopment, additional parking or site intensification, subject to municipal approvals and existing lease restrictions.