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- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X13161710
- Photos (31)
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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!
- Property Type:
- Commercial
- Property Sub Type:
- Commercial Retail
- Freestanding:
- Yes
- Total Area:
- 13721 sq. ft. Acres
- Total Area:
- 13,721.4 sq. ft.
- Retail Area:
- 3613 sq. ft. Sq Ft
- Lot Depth:
- 115'
- Lot Frontage:
- 120'
- Water supply:
- Municipal
- Zoning:
- TC
- Heating type:
- Gas Forced Air Closed
- Survey Available:
- No
- Garage:
- Outside/Surface
- Parking Spaces:
- 17
- Possession Details:
- Flexible
- HST Applicable To Sale Price:
- Included In
- Assessment:
- $455,000
- Assessment Year:
- 2026
- Type Taxes:
- Annual
- Taxes:
- $22,177.21 / 2025
- Assessment:
- $455,000.00 / 2026
- Niagara
- Niagara Falls
- 214 - Clifton Hill
- No
- All Kitchen equipment in Restaurant on main floor
- Tenant's belongings
- None
- Amperage:
- 200
- Volts:
- 240
- Utilities:
- Yes
- Sewers:
- Sanitary
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Category:
- Multi-Use
- Days Open:
- Open 7 Days
- Outside Storage:
- No
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Listed by ROYAL LEPAGE NRC REALTY
Data was last updated May 22, 2026 at 06:15 PM (UTC)
- Peak Group Realty Ltd.
- 289-271-2020
- admin@peakgrouprealty.ca
Peak Group Realty Ltd., Brokerage
Office Address:
239 Four Mile Creek Road
Niagara-on-the-Lake, ON, L0S 1P0