5689 MAIN Street, Niagara Falls, ON L2G 5Z3
$1,280,000
activeNEW
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.
Property Details
Commercial
Active
X13502100
0
0
3,200
215 - Hospital
June 29, 2026
Features & Amenities
Location
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5689 MAIN Street, Niagara Falls, ON L2G 5Z3
5689 MAIN Street, Niagara Falls, ON L2G 5Z3
Listing Information
Listing Information
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Re/Max Crossroads Realty Inc., Brokerage — 533 Danforth Rd, Scarborough ON M1K 1C9