$2,000,000
Available - For Sale
Listing ID: X12436108
4880 Victoria Avenue , Niagara Falls, L2E 4C5, Niagara
| 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! |
| Price | $2,000,000 |
| Taxes: | $15345.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Owner |
| Address: | 4880 Victoria Avenue , Niagara Falls, L2E 4C5, Niagara |
| Postal Code: | L2E 4C5 |
| Province/State: | Niagara |
| Directions/Cross Streets: | Victoria Ave and Crawford Pl |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Multi-Use |
| Use: | Hospitality/Food Related |
| Building Percentage: | T |
| Total Area: | 9900.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| ROYAL LEPAGE NRC REALTY |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Niagara |
| Municipality: | Niagara Falls |
| Neighbourhood: | 210 - Downtown |
| Tax: | $15,345 |
| Fireplace: | N |
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