Niagara Falls (Hospital), ON
5689 MAIN STREET
$1,180,000
Listed by
ANJIA REALTY
MING CHENG, Salesperson
Data last updated Oct 21, 2026, 9:30 a.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $1,180,000
- Type
- retail
- Bedrooms
- 0
- Bathrooms
- 0
- Size
- 3,200 sq ft
- MLS®
- X13502100
- Status
- active
- Brokerage
- ANJIA REALTY
About this home
Description provided by the listing brokerage
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.