
5815 MAIN Street
Niagara Falls, Ontario
1,539 sqft • Other
Impressive property on Main Street, intersection of Lundy's Lane and Main street. High traffic location. The European restaurant has been in operation for over 20 years. It is well recognized by tourists. The property is ideal for a small business operator or an investor. With millions of tourists that pour each year in Niagara Falls city, here is the enormous opportunity to build a business with your name and leave a print of your success on this outstanding property. Well established restaurant with 30 indoor seats and 15 registered outdoor seats with liquor license for indoor and outdoor patio. The side entrance was leading to a bake shop. The area can be used for additional businesses. It can also be for a take out. Second floor is a one bedroom apartment. New kitchen cupboards, luxury vinyl planks floor. The property is well maintained. Fully fenced with a large detached 2 car garage and storage under one roof. The lot is 203 feet deep. The building, land and active restaurant business all included in sale. The back of the building is a garden with fruit trees and berry bushes. Plenty of street parking along the restaurant. Fifteen minutes walk and 5 minutes by car from the famous Falls to the restaurant. Tourists and locals can enjoy unique cuisine. The proposed large commercial multi-billion dollar development by the province is in close proximity. It will significantly increase traffic as well opportunities for increased business volume. Those events will make this property more viable. Commercial zoning, great land size is rare to find 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 School3.2 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
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.
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.