20
See all 20 photos
$1,268,800
Est. payment /mo
3,200 SqFt
New
5689 MAIN STREET Niagara Falls (hospital), ON L2G5Z3
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $396
Subdivision 215 - Hospital
MLS® Listing ID X12096970
Originating Board Niagara Association of REALTORS®
Property Description
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. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 12
Private Pool No
Listed by RE/MAX DYNAMICS REALTY