4880 Victoria Avenue
Niagara Falls, ON
- 9,900 sqft
- Commercial Retail
- 335 days on market
Outstanding investment opportunity in the heart of downtown Niagara Falls! Located in the Niagara Falls CIP area with access to redevelopment grants and incentives including tax increment rebates, development charge deferrals, façade and building improvement funding, and permit fee rebates this property offers incredible upside for investors or owner-operators. Featuring 3,700 sq. ft. on the main floor and 3,700 sq. ft. on the second floor plus a full basement, it is currently operating as a turnkey 130-seat restaurant with all equipment, furniture, and fixtures included. The second floor can be converted into up to 6 residential units under General Commercial zoning, while maintaining commercial income from the main level. 12+ private parking spaces at the rear provide rare convenience for a downtown property. Just steps from Clifton Hill, Casino Niagara, Great Wolf Lodge, LCBO, Tim Hortons, and the public library, this location benefits from constant year-round foot and vehicle traffic. Ideal for a family-run restaurant, banquet and wedding venue, or a high-yield mixed-use redevelopment, this property offers strong income potential and long-term appreciation. With excellent visibility on one of Niagara's busiest corridors and quick access to the QEW, 4880 Victoria Avenue is perfectly positioned to capitalize on the city's growing demand for residential and commercial space. A rare chance to secure a high-traffic, grant-eligible property in one of Canadas top tourist destinations!
Listing Details
- Taxes (2024)
- $15,345
- Listed
- September 29, 2025
Price History
Listing history
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Property
- Lot Size
- 66 x 150 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Victoria Ave and Crawford Pl
- Zoning
- General Commercial (GC)
- Parcel Number
- 643360010
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Hospitality/Food Related
Included
- Inclusions
- All existing fixtures, lighting, restaurant equipment, furniture, tables, and chairs are included in the sale.
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area L2E
- Population
- 18,587
- Private dwellings
- 9,017
- Median age
- 46.4
- Average household size
- 2.2
- Median household income
- $60,800
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
Commercial in Niagara Falls · last 12 months
- Median sold price
- $560,000
- Homes sold
- 1,062
- Median days on market
- 31
- Sale-to-list price
- 96.2%
Based on 1,062 recorded sales of commercial properties in Niagara Falls over the last 12 months.
Listed by
ROYAL LEPAGE NRC REALTY
Commercial figures
- Building area
- 9,900 sq ft
- Price per sq ft
- $202.02
- Annual property tax
- $15,345
- Tax per sq ft
- $1.55
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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