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    For Sale - 5470 + 5480 Victoria Avenue, Niagara Falls, Ontario

    Est payment $13,868/mo
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    Views   1
    Time on Jump  9 day

    AI Summary *

    • Two parcels combine a restaurant property with updated four-bedroom, three-bath upper-level housing and a 17-car lot.
    • Tourist Commercial zoning supports a range of commercial uses.
    • Lease terms include scheduled monthly rent increases through 2032.
    • Located in the Clifton Hill entertainment district near a planned hotel and city parking structure.




    Two parcels for the price of one! Secure a prime strategic footprint in the second most visited city in the country. Zoned tourist commercial (tc), this coveted assembly sits in the heart of niagara falls high-traffic clifton hill entertainment subdistrict. Features 5470 victoria ave (luxury main-floor restaurant with recently updated 4-bed, 3-bath upper residential space) and 5480 victoria ave (rare 17-car private lot ideal for an automated, zero-maintenance parking gate system). Stunning secured cash flow: completely de-risked by a stellar lease agreement locking in aggressive contractual escalations: $12,000/m in 2028, $13,500/m in 2030, and $15,000/month in 2032. Collect premium, escalating hassle-free income , plan a future high-rise, or execute a retail boutique store. Located in close proximity to the highly anticipated 50-storey 'music city' hotel/entertainment hub and 4-level city parking structure. The zoning allows endless possibilities. The window to buy before this pocket explodes is closing fast. Book your private tour today!
    Listing IDX14137006
    Address5470 + 5480 Victoria Avenue
    CityNiagara Falls, Ontario
    Price$2,888,000
    StyleCommercial Retail
    Land Size13777
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailHeating / Cooling Gas Forced Air ClosedSewer Sanitary

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    Listing Brokerage: ROYAL LEPAGE NRC REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    5470 + 5480 Victoria Avenue
    Niagara Falls , Ontario
    $2,888,000
    Get more info