553 Niagara Street
Welland, ON
- Sale Of Business
- 163 days on market
Turnkey restaurant opportunity in a prime location on one of Welland's busiest streets, offering exceptional exposure and steady traffic. This impressive space features approximately 2,700 sqft of beautifully designed main floor area plus an equally sized basement, ideal for private parties, events, or additional revenue streams. The fully customized interior showcases high-end finishes, premium décor, and brand-new equipment including a 20 feet commercial hood, built with outstanding attention to detail. Featuring 100+ seating capacity, the layout is well-suited for a wide range of restaurant concepts, from upscale dining to high-volume operations. The property also offers 50+ parking spaces, providing excellent convenience for customers, along with a spacious outdoor patio complete with grill and BBQ setup-perfect for hosting events, catering functions, and seasonal dining experiences. Very attractive rent of approximately $5,000 per month including HST and TMI, making this an exceptional opportunity for the size, quality, and location offered. A rare chance for owner-operators or investors to step into a fully built, high-exposure restaurant space ready for immediate operation
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $172,824
- Originally Listed
- $499,900
- Listed
- March 30, 2026
Price History
Property
- Lot Size
- 486.12 x 130.19 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Niagara St. / Thorold Rd
- Zoning
- CC2
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Restaurant
Community
Postal area L3C
- Population
- 33,462
- Private dwellings
- 14,273
- Median age
- 45.6
- Average household size
- 2.4
- Median household income
- $78,500
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 Welland · last 12 months
- Median sold price
- $532,500
- Homes sold
- 755
- Median days on market
- 33
- Sale-to-list price
- 96.3%
Based on 755 recorded sales of commercial properties in Welland over the last 12 months.
Listed by
REVEL Realty Inc., Brokerage
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Annual property tax
- $172,824
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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