5815 MAIN STREET, Niagara Falls (Hospital)

$1,249,900

For sale: Other

Other at 5815 MAIN STREET, Niagara Falls (Hospital)
Property type
Commercial Retail
MLS®
MLS® X13854386
Neighbourhood
215 - Hospital

Remarkable location! Sale including: Land, Building, and active European Restaurant. Having the opportunity to work and live under one roof is awaiting. The well-established restaurant is a turn-key operation which includes 30 dining room seats and 15 outdoor seats on a fenced patio. Both are liquor licensed. Separate entrance, formerly a bake shop, suggests a business addition for take out or mini-shop of any kind to cater tourists and locals. Plenty of parking in the area and the city parking at the steps of the restaurant. The second floor consists of a residential one-bedroom apartment with an office and a kitchen; brand new kitchen cupboards and the engineered wood flooring. The prime location in Niagara Falls. Close proximity to the Falls, major entertainment centre, casino district, attractions and much more. As Niagara Falls is a world destination and proposed development will make that even more attractive, this property is a gem for a great investment. An extra-large backyard 200 feet deep with a two-car garage. Until now the fenced backyard is used for gardening, however it is general commercial zoned so the opportunities are endless. Plenty of space for your new adventure and hobby. This unique property is great for someone who is looking for independence.

Sold data

Homes in Niagara Falls (Hospital) — recent sold market

Homes in Niagara Falls (Hospital) took a median of 32 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 306 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 59 days.

The median sale price was $598,250.

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

About 11% of sales closed above the list price.

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

Median days to sell
32
Median sale price
$598,250
Sale-to-list ratio
96.8%
Sold above asking
11%

Based on 306 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Niagara Falls (Hospital)

Niagara Falls (Hospital) 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 (Hospital)

  • Kate S Durdan — elementary, Niagara FallsFraser rating 10.0/10
  • Father Hennepin — elementary, Niagara FallsFraser rating 9.9/10
  • St Vincent de Paul — elementary, Niagara FallsFraser rating 9.9/10
  • Orchard Park — elementary, Niagara FallsFraser rating 9.8/10
  • Simcoe Street — elementary, Niagara FallsFraser rating 9.4/10
  • Heximer Avenue — elementary, Niagara FallsFraser rating 9.3/10

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

Currently for sale

Homes for sale near 5815 MAIN STREET