5936 Main Street Niagara Falls, Ontario L2G 5Z8

$1,789,000

Prime Mixed-Use Investment Opportunity in the Heart of Niagara Falls' Tourism Core. Rare chance to own LAND & BUILDING steps to Clifton Hill, Fallsview Casino, major hotels, and top tourist attractions-one of the highest traffic locations in Niagara Falls.13,240 SF freestanding building offered in raw shell condition with 10-11 ft ceilings, allowing full customization. Zoned GC - General Commercial, the property allows for numerous permitted uses, including restaurants, cafés, retail, medical, office, fitness, entertainment, and daycare facilities, making it ideal for both owner-users and investors. Strong value-add potential with proposed plans:2 commercial units (main level), 9 residential units (2nd & 3rd floors), 14 parking spaces, Commercial storage space in the basement. Adding to the long-term value, Niagara Falls continues to benefit from major government-backed investment initiatives transforming the region into a global destination-often referred to as the "Las Vegas of the North." Surrounded by new developments, hospitality projects, and the upcoming South Niagara Hospital, the area is positioned for strong appreciation and sustained income growth.A Vendor Take-Back (VTB) is available for qualified buyers, providing additional financing flexibility.A rare opportunity to secure a high-exposure, high-potential asset in one of Ontario's fastest-growing tourism markets-where location, zoning, and redevelopment potential come together. (id:50964)

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https://www.realtor.ca/real-estate/29620566/5936-main-street-niagara-falls-dorchester-216-dorchester