5470 + 5480 Victoria AVE, Niagara Falls, ON L2G 3L2
5470 + 5480 Victoria AVE, Niagara Falls, ON L2G 3L2
5470 + 5480 Victoria AVE, Niagara Falls, ON L2G 3L2
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Michelle Cooper

Michelle Cooper

+1(905) 577-2173
$2,999,999
Est. payment /mo
Save Virtual Tour

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Subdivision 214 - Clifton Hill

MLS Listing ID X13161710

Annual Tax Amount $22,177

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

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!

Location

Province ON

County Niagara

Area Niagara

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 120.0

Lot Depth 115.0

Others

Security Features No

ParcelsYN No

Virtual Tour https://youtu.be/d34sDo_ga1c

Read Less Info
Listed by ROYAL LEPAGE NRC REALTY

Nearby Locations

GET MORE INFORMATION

Michelle Cooper

Michelle Cooper

+1(905) 577-2173

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Michelle Cooper, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.