5689 MAIN ST Active Save Request In-Person Tour Request Virtual Tour
Niagara Falls,ON L2G 5Z3
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $396
Subdivision 215 - Hospital
MLS Listing ID X12096970
Annual Tax Amount $12,102
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Fantastic Investment Opportunity in Prime Niagara Falls Tourist District!Rare offering of a fully leased, income-generating mixed-use property just minutes from the world-famous Falls, Casino, and vibrant tourist core. This well-maintained building features a 2,000 sq ft fully equipped Chinese restaurant with a long-term tenant paying $4,300/month + HST, and a beautifully updated residential unit upstairs leased for $2,000/month. The upper unit includes 2 bedrooms, 1 bath, a kitchen, and a loft area, ideal for long-term tenants or conversion to Airbnb for increased cash flow. Significant updates include electrical, plumbing, roof (2019), HVAC, A/C, and water heater (2021).Whether you're looking to collect solid rental income today or develop in the future, this high-traffic, high-visibility location near the heart of Niagara Falls tourism is a rare gem.
Location
Province ON
County Niagara
Community 215 - Hospital
Area Niagara
Zoning GC, R1E
Rooms
Kitchen 0
Interior
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Available
Lot Frontage 54.13
Lot Depth 198.49
Building
Lot Description Irregular Lot
New Construction false
Others
Security Features No