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5815 MAIN Street

5815 MAIN Street

Niagara Falls, Ontario

1,539 sqft • Other

$1,400,000

Impressive location! Within short walking distance to the entertainment centre, famous Falls in Niagara, parks and outdoor attractions. With millions of tourists that pour each year in the Niagara Falls city there is enormous opportunity to build a business with your name and leave a print of your success on this outstanding property. Commercial lot deep 203 feet with the building and active restaurant business. Well established business 30 indoor seats and 15 registered outdoor seats with LLBO license. Plenty of street parking along the restaurant. Second floor is a one-bedroom apartment. New kitchen cupboards, light fixtures, luxury vinyl planks flooring. Fully fenced property with a large detached 2 car garage, and storage with hydro in. Side entrance is suitable for take out or use for an additional business. As this being a commercial land, the opportunities are endless. The proposed provincial multimillion dollar investment and large development with intention to attract more tourism, will be in close proximity to this property . This makes this property more viable. This opportunity doesn’t come often in this tourist district.

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
1,075
Median days on market
31
Sale-to-list price
96.1%

Based on 1,075 recorded sales of other properties in Niagara Falls over the last 12 months.

Walk Score

87

Walk

48

Transit

48

Bike

Scores by Walk Score®

Location

Mortgage Calculator

$280,000

Estimated Monthly Payment

$6,878

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $6,878/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $350/mo

Estimates only. Consult a financial advisor.

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