$1,280,000
5689 MAIN Street, Niagara Falls, ON L2G 5Z3
— beds— baths
Key facts
- MLS®
- X13502100
- Status
- New
- Type
- Commercial Retail
- Taxes
- $12,102
- Listed
- 2026-06-29
- Brokerage
- ANJIA REALTY
- Cross street
- Main St & Summer St
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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.