5815 MAIN Street
Niagara Falls, Ontario
1,539 sqft • Other
Land, Building, and active European Restaurant for sale. The well-established restaurant is a turn-key operation which includes 30 dining room seats and 15 outdoor seats on a fenced patio. Both are liquor licensed. Separate entrance, formerly a bake shop, suggests a business addition for take out or mini-shop of any kind, to cater tourists and locals. Plenty of parking in the area and the city parking at the steps of the restaurant.The second floor consists of a residential one-bedroom apartment with an office and a kitchen with brand new kitchen cupboards and the engineered wood flooring. 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. Having the opportunity to work and live under one roof is awaiting. The prime location in Niagara Falls. Close proximity to the Falls, major entertainment centre, casino district, attractions and much more. As Niagara is a world destination and proposed development will make that even more attractive, this property is a gem for a great investment. Plenty of space for your new adventure and hobby. This unique property is great for someone who is looking for independence.
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
- $560,000
- Homes sold
- 1,065
- Median days on market
- 31
- Sale-to-list price
- 96.1%
Based on 1,065 recorded sales of retail properties in Niagara Falls over the last 12 months.
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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