4880 VICTORIA AVENUE, Niagara Falls (Downtown)

$1,500,000

For sale: Other

Other at 4880 VICTORIA AVENUE, Niagara Falls (Downtown)
Property type
Commercial Retail
MLS®
MLS® X13745248
Neighbourhood
210 - Downtown

Must sell. Retiring. Any reasonable offer will be reviewed.Exceptional opportunity to acquire a hugely popular, fully operational 130-seat restaurant in the heart of downtown Niagara Falls. Successfully operating for over 40 years, this well-established destination restaurant is recognized by locals and tourists alike for its long-standing presence and strong customer base.This offering combines an established restaurant business with a substantial commercial real estate property. The property offers approximately 7,400 sq. ft. above grade plus a full basement and is ideally suited for a restaurant, hospitality operation, or other commercial uses, subject to applicable approvals. The sale includes all equipment, furniture, fixtures, and restaurant-related assets, providing an excellent turnkey opportunity for an owner-operator or investor.Located on a high-traffic corridor in the heart of Niagara Falls, the property benefits from exceptional visibility and proximity to major tourist attractions, hotels, entertainment, and other downtown amenities. The property also features 12+ private parking spaces at the rear - a rare and highly valuable feature in the downtown core.With its prominent location, significant building size, established restaurant operation, parking, and strong tourism-driven exposure, this is a unique opportunity to acquire both a proven hospitality business and a valuable commercial real estate asset in one of Canada's premier tourism markets.Ideal for an owner-operator, hospitality investor, or buyer seeking a high-profile commercial property with an established income-producing business.

Sold data

Homes in Niagara Falls (Downtown) — recent sold market

Homes in Niagara Falls (Downtown) took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 56, across 307 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.

The median sale price was $599,000.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 31% of sellers reduced their price before finding a buyer.

Median days to sell
31
Median sale price
$599,000
Sale-to-list ratio
96.8%
Sold above asking
13%

Based on 307 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Niagara Falls (Downtown)

Niagara Falls (Downtown) has 31 Fraser Institute–rated schools (26 elementary and 5 secondary), averaging 7.6/10.

Rated schools
31
Elementary
26
Secondary
5
Average rating
7.6 / 10

Top-rated schools in Niagara Falls (Downtown)

  • Kate S Durdanelementary, Niagara FallsFraser rating 10.0/10
  • Father Hennepinelementary, Niagara FallsFraser rating 9.9/10
  • St Vincent de Paulelementary, Niagara FallsFraser rating 9.9/10
  • Orchard Parkelementary, Niagara FallsFraser rating 9.8/10
  • Simcoe Streetelementary, Niagara FallsFraser rating 9.4/10
  • Heximer Avenueelementary, Niagara FallsFraser rating 9.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 4880 VICTORIA AVENUE