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$ 4,799,999
Est. payment /mo
Price Dropped by $400K
5485 VICTORIA Avenue Niagara Falls, ON L2G3L3
19,030 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 19030
Square Footage 19,030 sqft
Price per Sqft $252
Subdivision 214 - Clifton Hill
MLS® Listing ID 40827964
Property Sub-Type Freehold
Property Description
Rare redevelopment opportunity in the heart of Niagara Falls's rapidly evolving tourist district. Situated on a prominent 0.536-acre corner parcel with exceptional frontage on Victoria Avenue, this high-exposure property is among the closest privately available development sites to Clifton Hill, the Falls, major casinos, hotels, nightlife, and the U.S. border. Zoned Tourist Commercial (TC), the site offers outstanding potential for a boutique hotel, entertainment venue, brewery, mixed-use concept, or future redevelopment project in one of Canada's most visited destinations. The existing ±19,030 sq ft structure spans multiple levels and showcases a striking stone exterior, soaring cathedral ceilings, exposed wood construction, stained-glass windows, expansive hall with stage, full commercial kitchen, balcony, and a fully finished lower level with multiple rooms and amenities. The scale, architectural character, and visibility create a rare opportunity for adaptive reus! e or repositioning. Niagara Falls continues to experience major public and private investment focused on tourism, entertainment, and year-round destination growth, further strengthening the long-term potential of this location. With direct QEW access and unmatched proximity to major attractions, properties of this size, exposure, zoning, and character rarely become available in Niagara Falls' core tourist area. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Story 1
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://youtu.be/Ix5q7k3CgXo
Listed by RE/MAX Escarpment Golfi Realty Inc.