Space
Finished area and layout
- Building Area
- 3,200 sqft
3,200 sqft
Building Area
198.49 x 54.13
Lot
12
Parking
Property Snapshot
Key details for this listing
MLS #X13502100
Property
Type, style and structure
- Type
- commercial
- Style
- commercial retail / Mixed Use
Lot
Land, frontage and setting
- Lot
- 198.49 x 54.13
- Frontage
- 54.1 feet
About This Property
This commercial retail in Niagara Falls offers 3,200 sqft of building area on a 198.49 x 54.13 lot. The property has zoned GC, R1E. The home features yes. Highlights include a 12-car garage.
MLS Remarks
This fantastic investment opportunity is located in the prime Niagara Falls tourist district, minutes from the Falls and the casino. The property features a 2,000 sq ft ground-floor restaurant currently leased at $4,300/month plus HST, which will increase to $4,500 this August, with $200 annual increments. The lease has three years remaining. The 1,200 sq ft upper unit, currently used for massage therapy, is leased at $2,000/month. Annual income totals $74,400. With 2025 taxes at $12,102, the cap rate is approximately 5%. With recent updates including electrical, plumbing, roof, HVAC, and water heater, this high-visibility property offers stable income and future potential. (id:60351)
Full Listing Details
Address5689 MAIN Street, Niagara Falls, ON L2G 5Z3
MLS#X13502100
Listing StatusActive
Property TypeCommercial
Sub-TypeCommercial retail
TransactionSale
List DateJun 29, 2026
Days on Market118
Annual Tax$12,102 (2025)
Parking12 (12 garage)
Possession DetailsFlexible
StyleMixed Use
Living Area3,200 sqft
Kitchens0
CityNiagara Falls
Neighbourhood215 - Hospital
ProvinceOn
Postal CodeL2G 5Z3
Lot Dimensions198.49 x 54.13
Frontage54.1 feet
Lot FeaturesIrregular Lot
ZoningGC, R1E
Zoning DetailsGC, R1E
Total Parking12
Garage Spaces12
CoolingYes
SecurityNo
UtilitiesAvailable
Annual Tax$12,102 (2025)
Business TypeHospitality/Food Related
ON MAIN STREET AND BETWEEN NORTH STREET & SUMMER STREET
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