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4880 Victoria Avenue Niagara Falls (Downtown), Ontario L2E 4C5

9900 sqft
Fully Air Conditioned Forced Air

$2,000,000

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! (id:14833)

Property Details

MLS® Number X12436108
Property Type Retail
Community Name 210 - Downtown
Amenities Near By Highway, Public Transit

Building

Appliances Furniture
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 9900 Sqft
Size Interior 9900 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway, Public Transit
Size Depth 150 Ft
Size Frontage 66 Ft
Size Irregular Bldg=66 X 150 Ft
Size Total Text Bldg=66 X 150 Ft
Zoning Description General Commercial (gc)

https://www.realtor.ca/real-estate/28932816/4880-victoria-avenue-niagara-falls-downtown-210-downtown

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