NewFor Sale

4880 Victoria Avenue
Niagara Falls, Niagara, ON, L2E 4C5

Commercial Retail
TRREB
MLS® Number: X12436108
$2,000,000List Price
Commercial RetailProperty Type
9,900 sq ftSize
$15,345 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 4880 Victoria Avenue, Niagara Falls, ON L2E 4C5

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Description

Outstanding investment opportunity in the heart of downtown Niagara Falls! Located in the Niagara Falls CIP area with access to redevelopment grants and incentives including tax increment rebates, development charge deferrals, façade and building improvement funding, and permit fee rebates this property offers incredible upside for investors or owner-operators. Featuring 3,700 sq. ft. on the main floor and 3,700 sq. ft. on the second floor plus a full basement, it is currently operating as a turnkey 130-seat restaurant with all equipment, furniture, and fixtures included. The second floor can be converted into up to 6 residential units under General Commercial zoning, while maintaining commercial income from the main level. 12+ private parking spaces at the rear provide rare convenience for a downtown property. Just steps from Clifton Hill, Casino Niagara, Great Wolf Lodge, LCBO, Tim Hortons, and the public library, this location benefits from constant year-round foot and vehicle traffic. Ideal for a family-run restaurant, banquet and wedding venue, or a high-yield mixed-use redevelopment, this property offers strong income potential and long-term appreciation. With excellent visibility on one of Niagara's busiest corridors and quick access to the QEW, 4880 Victoria Avenue is perfectly positioned to capitalize on the city's growing demand for residential and commercial space. A rare chance to secure a high-traffic, grant-eligible property in one of Canadas top tourist destinations!

Features

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Amenities

No amenities available

Summary

Tax (Annual):$15,345 / 2024
Listing #:X12436108
Property Type:Commercial Retail
Size:9,900 sq ft
Land Size:66 x 150
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:ROYAL LEPAGE NRC REALTY

Rooms

Details

Property

Property Type:Commercial Retail
Community:210 - Downtown
Municipality:Niagara

Building

Size:9,900 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed

Land

Cross Street:Victoria Ave and Crawford Pl

$2,000,000

List price

4880 Victoria Avenue, Niagara Falls – Commercial Retail for sale