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5689 Main Street, Niagara Falls, ON, L2G 5Z3

MLS® # 40560993
Commercial For Sale In Drummond / Victoria, Niagara Falls, Ontario
$1,198,000
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
5689 Main Street, Niagara Falls, ON
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ACTIVE
5689 Main Street, Niagara Falls, ON, L2G 5Z3
$1,198,000

Property Information:

RESTAURANT PROPERTY IN TOURIST AREA!! One of the two existing Chinese restaurants close to the Falls, featuring lobster and other seafood, Cantonese cuisine, and other authentic Chinese food. Approximate 2000 sq ft fully equipped restaurant and a 1200 sq ft 3 bedroom apartment in the back. According to City's official Plan, it allows the development of 4 to 6 stories. An 8 story luxurious condominium was built across the street. It's also surrounded by well established neighborhoods. A perfect location to run the restaurant business with repeating customers from local residents and tourists. Also with a great future potential to assemble and develop land close to tourist area.Business is for sale separately (MLS number 40525542)

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Partial
  • Exterior Features: Storage
  • Lot Depth: 198.49 Feet
  • Lot Features: Irregular Lot, City Lot, Hospital, Public Transit
  • Lot Frontage: 54.13 Feet
  • Security Features: Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: GC
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 12

Courtesy of: ELONG REALTY BROKERAGE, INC.

Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 5689 Main Street, Niagara Falls, ON, L2G 5Z3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

35 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

35 hot days expected in 2050

56/100

High

ClimateCheck®

Current data

This property, 5689 Main Street , experiences 7 hot days per year at around 31.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.1℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
35

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

61/100

ClimateCheck®

Current data

This property, 5689 Main Street , experiences 11 significant 2-day storms per year, with about 319.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 392.8mm of precipitation per year.

Precipitation Per Storm

Past
319.3mm
2050
392.8mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 5689 Main Street, Niagara Falls, ON, L2G 5Z3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$72,301.95

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.05 %

High school certificate or equivalent

40.03 %

Apprenticeship trade certificate/diploma

6.26 %

College/non-university certificate

18.81 %

University certificate (below bachelor)

1.56 %

University Degree

9.29 %

Commuter

Travel To Work

By Car

85.14 %

By Public Transit

1.15 %

By Walking

11.85 %

By Bicycle

0.0 %

By Other Methods

1.86 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

31.57 %

Houses

68.43 %

Own Vs. Rent

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