5815 MAIN Street
Niagara Falls, Ontario
1,539 sqft • Retail
This is a rare opportunity to own a land and a restaurant close to entertainment district and in Niagara Falls. As Niagara is a world destination and proposed development will make that even more attractive, this property is a gem for a great investment. Property is a walking distance to the Casinos, Clifton Hill and the famous Falls. Well established, welcoming restaurant has been operating on the property for over twenty years. The dining room is 30 seats and also 15 outdoor seats on a fenced patio. Both are liquor licensed. Separate entrance, formerly a European bake shop, suggests a business addition for take out or mini baking shop to cater tourists and locals. European cuisine, however is also easy to switch to your own preference. The business is included with the sale of the property. Plenty of parking in the area. Rare to find an extra-large backyard 200 feet deep with a two-car garage. Until now the fenced backyard is used for gardening, however it is general commercial zoned so the opportunities are endless. Plenty of space for your new adventure and hobby. The second floor consists of a residential one-bedroom apartment with an office and a kitchen with brand new cupboards and the engineered flooring. This unique property is great for someone who is looking for independence and loves to live and work under one roof. The well-known tourist location is great for any kind of business.
Price History
Schools
Secondary
- Stamford Collegiate0.4 km
Public · DSB Niagara · 805 students
Grade 10 literacy: 80% met the provincial standard
- Westlane Secondary School3.2 km
Public · DSB Niagara · 825 students
Grade 10 literacy: 87% met the provincial standard
- Saint Paul Catholic High School3.3 km
Catholic · Niagara CDSB · 790 students
Grade 10 literacy: 84% met the provincial standard
Elementary
- Princess Margaret Public School1.1 km
Public · DSB Niagara · 505 students
Grade 3 reading: 69% met the provincial standard · Grade 6 math: 78% met the provincial standard
- Heximer Avenue Public School1.6 km
Public · DSB Niagara · 335 students
Grade 3 reading: 94% met the provincial standard · Grade 6 math: 84% met the provincial standard
- Our Lady of Mount Carmel Catholic Elementary School1.6 km
Catholic · Niagara CDSB · 815 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 49% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L2G
- Population
- 30,344
- Private dwellings
- 13,412
- Median age
- 44.8
- Average household size
- 2.4
- Median household income
- $69,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Retail in Niagara Falls · last 12 months
- Median sold price
- $560,500
- Homes sold
- 1,066
- Median days on market
- 31
- Sale-to-list price
- 96.2%
Based on 1,066 recorded sales of retail properties in Niagara Falls over the last 12 months.
Walk Score
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Scores by Walk Score®
Location
Mortgage Calculator
$319,980
Estimated Monthly Payment
$7,860
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $7,860/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $400/mo
Estimates only. Consult a financial advisor.
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