5689 Main Street Niagara Falls (Hospital), Ontario L2G 5Z3
$1,268,800
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:41589)
Property Details
| MLS® Number | X12096970 |
| Property Type | Retail |
| Community Name | 215 - Hospital |
| Amenities Near By | Public Transit |
| Parking Space Total | 12 |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 3200 Sqft |
| Size Interior | 3,200 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 198 Ft ,5 In |
| Size Frontage | 54 Ft ,1 In |
| Size Irregular | Bldg=54.13 X 198.49 Ft ; 48.12 Ft X 198.74 Ft X 54.13 X 198.49 |
| Size Total Text | Bldg=54.13 X 198.49 Ft ; 48.12 Ft X 198.74 Ft X 54.13 X 198.49 |
| Zoning Description | Gc, R1e |
https://www.realtor.ca/real-estate/28198767/5689-main-street-niagara-falls-hospital-215-hospital
William Lam
Broker
(289) 217-5188
1739 Bayview Av, Unit 103
Toronto, Ontario M4G 3C1
(905) 518-7777
(289) 217-5188
www.remaxdynamics.com/
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April 22 2025 09:11:11
Niagara Association of REALTORS®
RE/MAX Dynamics Realty