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$1,268,800
Available - For Sale
Listing ID: X12096970
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.
Price $1,268,800
Taxes: $12,102
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 5689 MAIN Stre , Niagara Falls, L2G 5Z3, Niagara
Postal Code: L2G 5Z3
Province/State: Niagara
Legal Description: PT BLK W/S PORTAGE RD OR MAIN ST PL 653
Directions/Cross Streets: MAIN STREET BETWEEN NORTH STREET & SUMMER STREET
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Multi-Use
Use: Hospitality/Food Related
Building Percentage: T
Total Area: 3,200
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Maintenance: 0
Sprinklers: No
Outside Storage: T
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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5689 MAIN Stre , Niagara Falls, L2G 5Z3, Niagara


 
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At a Glance:
Type: Com - Commercial Retail
Area: Niagara
Municipality: Niagara Falls
Neighbourhood: 215 - Hospital
Style:
Lot Size: x 198.49(Feet)
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Tax: $12,102
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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