5689 MAIN Street, Niagara Falls, ON L2G 5Z3

Niagara Falls L2G 5Z3 Ontario

MLS: X12096970

$1,268,800

Added 46 days ago | For Sale

Listed by: RE/MAX DYNAMICS REALTY

About Property

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.

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 54.13 X 198.49
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:MAIN STREET BETWEEN NORTH STREET & SUMMER STREET
  • Basement: ,
  • Possession Date:flexible
  • Annual Property taxes: $12102
  • Bedrooms:
  • Total Parking Spaces:12
  • Parking Places:12
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12096970

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