$1,180,000
For SaleList: 2026-06-29
X13502100
$1,180,000
Added 129 days ago
MLS® X13502100
Niagara Falls, ON, L2G 5Z3
Retail
Added 129 days ago
MLS® X13502100
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Broker remarks from the listing.
Quick facts
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 sheet
Key facts from the MLS® sheet for this home.
Record
Buy/sell history for 5689 MAIN Street, Niagara Falls, ON L2G 5Z3 (Retail)
$1,180,000
For SaleList: 2026-06-29
X13502100
(Sign in required)
Price ChangeList: 2026-06-29 | End: 2026-09-30
X13502100
| Contract Date | Last Update | Price | Status | Listing ID |
|---|---|---|---|---|
| Jun 29, 2026 | Sep 30, 2026 | $1,180,000 | For Sale | X13502100 |
| Jun 29, 2026 | Sep 30, 2026 | (Sign in required) | Price Change | X13502100 |
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