Map
Listed price in listed location currency (CAD).
$1,280,000

0012

MLS® X13502100

Overview

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage None
Taxes $12,102
Days Active 1
Lot Size 
Approx. Age 
MLS® Number X13502100

Property Address: 5689 Main St, Niagara Falls, ON, L2G5Z3

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberX13502100
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
Basement
DrivewayGarage Type:None
Garage Spaces
HeatGas Forced Air Open
A/CYes

Extras

Price History

Last Sold Price

----

Appreciation

--

Avg. Days Listed

--

Today, For Sale for $1,280,000

For Sale · 1 day

$1,280,000

MLS® X13502100

2 days ago

Not Sold Yet

June 2026, For Sale for $1,280,000

For Sale · 1 day

$1,280,000

MLS® X13502100

2 days ago

Not Sold Yet

May 2026, Canceled for $1,198,000

Canceled · 0 days

$1,198,000

MLS® 40560993

2 months ago

Canceled on Jun 11, 2024

Real estate boards require that you sign in to see the full details of this property. Log in or sign up to see price history.

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties