5689 MAIN Street

ActiveNiagara Falls · 215 - Hospital38 days on marketMLS® X13502100
$1,280,000
$400 / sq ft
Bedrooms0
Bathrooms0
Interior3,200 sq ft
TypeCommercial
ListingFor Sale
Days on Market38

About this property

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.

Features & finishes

View
Air Conditioning
Basement

Property details

MLS® NumberX13502100
StatusActive
Listing TypeFor Sale
Property TypeCommercial
Interior Size3,200 sq ft
Beds / Baths0 bed · 0 bath
Neighbourhood215 - Hospital
CityNiagara Falls
Postal CodeL2G 5Z3
ProvinceON
Listed DateJune 29, 2026
Days on Market38
Price per Sq Ft$400
BrokerageANJIA REALTY

Location

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Listed by ANJIA REALTY