5815 MAIN Street
Niagara Falls, Ontario
1,539 sqft • Other
Property in the heart of the Niagara Falls entertainment district. Walking distance to the Famous Falls, casinos, attractions and much more. As Niagara is a world destination and proposed development will make that even more attractive. This property is a great investment to complement future developments. The deep lot of 200 feet is rare for this location. It includes building, land and a turn-key business. The well-established restaurant with 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. Cater to tourists and locals. Plenty of parking in the area and the city parking at the steps of the property. The second floor consists of a residential one-bedroom apartment with an office and a kitchen. Brand new kitchen cupboards and the engineered wood flooring. Zoned general commercial with a residential unit this property has an endless opportunity for expansion as well continuing operating as a restaurant with a residential unit on the second floor for accommodation. New adventure is waiting for your creativity and business opportunity.
Price History
Schools
Secondary
- Stamford Collegiate0.4 km
Public · DSB Niagara · 805 students
Grade 10 literacy: 80% met the provincial standard
- Westlane Secondary School3.1 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
Other in Niagara Falls · last 12 months
- Median sold price
- $560,000
- Homes sold
- 1,070
- Median days on market
- 31
- Sale-to-list price
- 96.2%
Based on 1,070 recorded sales of other properties in Niagara Falls over the last 12 months.
Location
Street View
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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