5890 MAIN STREET, Niagara Falls (Dorchester)

$1,499,990

For sale: Other

Other at 5890 MAIN STREET, Niagara Falls (Dorchester)
Property type
Commercial Retail
MLS®
MLS® X14094008
Neighbourhood
216 - Dorchester

PRIME CORNER COMMERCIAL PROPERTY IN THE HEART OF NIAGARA FALLS! Excellent investment or owner-user opportunity at the high-visibility intersection of Ferry Street and Main Street, just minutes from the world-famous Niagara Falls. This property offers outstanding exposure and excellent potential for a variety of commercial uses, including restaurants, banks, financial institutions, bistros, nightclubs, and more, subject to zoning approvals. Currently vacant and ready for new possibilities, An added bonus is the four rooftop advertising billboards, offering potential additional advertising income. A rare opportunity to own a prominent corner property with multiple potential income streams in a prime Niagara Falls location. Don't miss this exceptional commercial investment opportunity! ***PLEASE NOTE*** There was a second storey sitting area before that was taken out by the previous Tenant and Can be put back in for additional space if needed.Total sqftz Includes the Basement also.

Sold data

Homes in Niagara Falls (Dorchester) — recent sold market

Homes in Niagara Falls (Dorchester) took a median of 33 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 56, across 303 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 65 days.

The median sale price was $589,900.

Homes sold for about 3.3% below asking on average, so there was room to negotiate.

About 9% of sales closed above the list price.

Around 32% of sellers reduced their price before finding a buyer.

Median days to sell
33
Median sale price
$589,900
Sale-to-list ratio
96.7%
Sold above asking
9%

Based on 303 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Niagara Falls (Dorchester)

Niagara Falls (Dorchester) 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 (Dorchester)

  • 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 5890 MAIN STREET