5689 Main Street, Niagara Falls - $1,280,000 | Modern Solution

5689 Main Street

5689 MAIN Street, Niagara Falls

5689 MAIN Street in Niagara Falls - 0 bedroom, 0 bathroom. Listed at $1,280,000.

This fantastic investment opportunity is located in the prime Niagara Falls tourist district, minutes from the Falls and the casino. The property features a 2,000 sq ft ground-floor restaurant currently leased at $4,300/month plus HST, which will increase to $4,500 this August, with $200 annual increments. The lease has three years remaining. The 1,200 sq ft upper unit, currently used for massage therapy, is leased at $2,000/month. Annual income totals $74,400. With 2025 taxes at $12,102, the cap rate is approximately 5%. With recent updates including electrical, plumbing, roof, HVAC, and water heater, this high-visibility property offers stable income and future potential.

Property Details

  • Property Type: Mortgage
  • Square Footage: 3200 sqft
  • Heating: Gas Forced Air Open
  • Cooling: Yes
  • Parking: 0 space
  • Property Taxes: $12,102/yr
  • Neighbourhood: 215 - Hospital
  • Postal Code: L2G 5Z3

View photos, details, and schedule a showing with Modern Solution Realty. 1% commission listing services available.