5689 Main Street Niagara Falls, 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:61215)

Property Details

MLS® Number	X12096970
Property Type	Retail
Community Name	215 - Hospital
Amenities Near By	Public Transit
Equipment Type	Air Conditioner, Water Heater
Parking Space Total	12
Rental Equipment Type	Air Conditioner, Water Heater

Building

Cooling Type	Fully Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
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