5689 Main Street, Niagara Falls, Ontario L2G 5Z3

Listed for:
$1,260,000
0 beds
0 baths
Listed 38 days ago
5689 Main Street, Niagara Falls, Ontario L2G 5Z3

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Learn more about this property
Listing provided by:
RE/MAX DYNAMICS REALTY
MLS® number:
X12572472
Agent:
William Lam
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About

Cross Streets: MAIN STREET BETWEEN NORTH STREET & SUMMER STREET. ** Directions: Main St & Summer St. 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. (id:27476)

Property Highlights

MLS® Number
X12572472
Type
Retail
Community Name
215 - Hospital
Land Size
Bldg=54.13 x 198.49 FT ; 48.12 ft x 198.74 ft x 54.13 x 198.49
Parking Space Total
12

Building

Square Footage
3200 sqft
Amenities
Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Street Spotlight - For sale