5689 MAIN Street
Niagara Falls, ON
3,200 sqft • Commercial Retail • 277 days on market
Fantastic Investment Opportunity in Prime Niagara Falls Tourist District!Rare offering of a fully leased, income-generating mixed-use property just minutes from the world-famous Falls, Casino, and vibrant tourist core. This well-maintained building features a 2,000 sq ft fully equipped Chinese restaurant with a long-term tenant paying $4,300/month + HST, and a beautifully updated residential unit upstairs leased for $2,000/month. The upper unit includes 2 bedrooms, 1 bath, a kitchen, and a loft area, ideal for long-term tenants or conversion to Airbnb for increased cash flow. Significant updates include electrical, plumbing, roof (2019), HVAC, A/C, and water heater (2021).Whether you're looking to collect solid rental income today or develop in the future, this high-traffic, high-visibility location near the heart of Niagara Falls tourism is a rare gem.
Listing Details
- Taxes (2025)
- $12,102
- Listed
- November 24, 2025
Price History
Listing history
Sign in to view
Property
- Lot Size
- 54.13 x 198.49 Feet
Location & Legal
- Cross Street
- MAIN STREET BETWEEN NORTH STREET & SUMMER STREET
- Zoning
- GC, R1E
- Parcel Number
- 643150096
- Possession
- Immediate
Commercial
- Business Type
- Hospitality/Food Related
- Occupancy
- Tenant
Included
- Rental Items
- Hvac
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
Commercial in Niagara Falls · last 12 months
- Median sold price
- $561,272
- Homes sold
- 1,070
- Median days on market
- 31
- Sale-to-list price
- 96.2%
Based on 1,070 recorded sales of commercial properties in Niagara Falls over the last 12 months.
Listed by
RE/MAX DYNAMICS REALTY
Location
Commercial figures
- Building area
- 3,200 sq ft
- Price per sq ft
- $393.75
- Annual property tax
- $12,102
- Tax per sq ft
- $3.78
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?