5024 Centre Street
Niagara Falls, ON
600 sqft • Commercial Retail • 101 days on market
Niagara Falls is located on the border of Ontario, Canada and New York State, USA, connecting Lake Ontario and Lake Erie. Millions of years of erosion have given us the privilege of witnessing its current magnificent grandeur. A thousand years of waiting have brought us together at this moment, in this spectacle. However, what we appreciate here is not just scenery, but also an opportunity to create wealth and value.5024 Centre St. is located at the busiest intersection of Clifton Hill and Victoria Road within the scenic area. It is surrounded by entertainment venues, restaurants, and hotels, attracting over 14 million visitors annually. This 600-square-foot shop, designed for tourism-oriented commercial use, can be used as a convenience store, bubble tea shop, takeout restaurant, souvenir retail, etc. Currently, the tenant is a chain convenience store with a long-term lease and stable rent. This not only avoids many inconveniences associated with dealing with residential tenants but also fulfills the investment aspirations of overseas buyers in Niagara.
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Listing Details
- Taxes (2025)
- $6,559
- Listed
- May 13, 2026
Price History
Listing history
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Property
- Lot Size
- 13.43 x 61 Feet
Location & Legal
- Cross Street
- Victoria Ave
- Zoning
- TC
- Parcel Number
- 643450078
- Possession
- Flexible
Commercial
- Occupancy
- Tenant
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
- $560,500
- Homes sold
- 1,070
- Median days on market
- 31
- Sale-to-list price
- 96.1%
Based on 1,070 recorded sales of commercial properties in Niagara Falls over the last 12 months.
Listed by
RE/MAX NIAGARA REALTY LTD, BROKERAGE
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Location
Commercial figures
- Building area
- 600 sq ft
- Price per sq ft
- $1,666.50
- Annual property tax
- $6,559
- Tax per sq ft
- $10.93
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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