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!
Address
4880 Victoria Avenue
List Price
$2,000,000
MLS® Status
New
Expiration Date
2026-03-28
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Niagara Falls
Sub-Area
210 - Downtown
Region
Niagara
Lot Size Source
MPAC
Lot Depth
150
Lot Type
Building
Lot Size Units
Feet
Lot Width
66
Parcel Number
643360010
Total Building Area
9900
Occupant Type
Owner
Cross Street
Victoria Ave and Crawford Pl
MLS® Number
X12436108
Listing Brokerage
ROYAL LEPAGE NRC REALTY
Basement
Yes
Postal Code
L2E 4C5
Posession Details
30 Days
Tax Amount
$15,345.00
Tax Year
2024
Site Influences
Major Highway, Public Transit
Community Features
Major Highway, Public Transit
Standard Status
Active
Board Or Association
Niagara Association of REALTORS
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
None
Security Features
No
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