5043 Centre Street
Niagara Falls, ON
10,000 sqft • Sale Of Business • 209 days on market
Flagship Hospitality Property in the Heart of Niagara Falls 5043 Centre Street. A rare chance to own a premier freestanding business in the core of Niagara Falls entertainment and tourism district. Strategically located at Centre Street and Victoria Avenue steps to Clifton Hill and within walking distance to the Falls this purpose-built, fully equipped facility offers over 10,000 square feet across three levels, with a licensed capacity of 616. Designed for high-volume food and beverage service, the restaurant includes two large commercial exhaust hoods, a walk-in fridge and freezer, extensive prep areas, multiple bars, roll up garage doors, and full-service kitchens.The crown jewel is the rooftop patio, offering direct views of Niagara Falls - a truly one-of-a-kind setting for any concept. Parking is included, and the building sits adjacent to a 24-hour public parking lot, ensuring convenience and accessibility for guests. This is an unparalleled opportunity for an ambitious operator and brand to establish a flagship presence in one of Canadas busiest year-round destinations. Please Do Not Go Direct.
Listing Details
- Taxes (2025)
- $8,300
- Listed
- January 27, 2026
Price History
Property
- Age
- 6-15
- Lot Size
- 50.59 x 128 Feet
Location & Legal
- Cross Street
- Centre St & Victoria Ave
- Zoning
- Tourist Commercial
- Parcel Number
- 643440216
- Possession
- Flexible
Commercial
- Business Type
- Restaurant
- Occupancy
- Tenant
- Rental Term
- 60-120 months
Included
- Inclusions
- * As per List of Chattels & Equipment *
- Exclusions
- * As per List of Chattels & Equipment *
- Rental Items
- * As per List of Chattels & Equipment *
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
- $560,000
- Homes sold
- 1,065
- Median days on market
- 31
- Sale-to-list price
- 96.1%
Based on 1,065 recorded sales of commercial properties in Niagara Falls over the last 12 months.
Listed by
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Location
Commercial figures
- Building area
- 10,000 sq ft
- Price per sq ft
- $59.50
- Annual property tax
- $8,300
- Tax per sq ft
- $0.83
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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