5689 MAIN Street, Niagara Falls, ON L2G 5Z3
Niagara Falls
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 5689 MAIN Street, Niagara Falls, ON L2G 5Z3
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13502100
Listed by ANJIA REALTY
On market since Jun 29, 2026
5689 MAIN Street, Niagara Falls, ON L2G 5Z3 is listed for $1,280,000 CAD.
5689 MAIN Street, Niagara Falls, ON L2G 5Z3 is a Commercial Retail, 3,200 sq ft.
5689 MAIN Street, Niagara Falls, ON L2G 5Z3 is in Niagara Falls, Ontario.
5689 MAIN Street, Niagara Falls, ON L2G 5Z3 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 5689 MAIN Street, Niagara Falls, ON L2G 5Z3 (MLS# X13502100). You can also send a message through the contact form on this site.
