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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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5485 Victoria Avenue Niagara Falls
For SalePrice DropNiagara Falls

5485 Victoria Avenue Niagara Falls, Commercial Retail for Sale

MLS® X13097850

Niagara Falls, ON

185 days on market
$4,799,999
Previously $5,200,000
Show on Map
Show on Map
N/ABeds
N/ABaths
19,030Sqft
N/AParking
Commercial Retail

Overview· 5485 Victoria Avenue Niagara Falls

MLS® #X13097850

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.

Broker

RE/MAX ESCARPMENT GOLFI REALTY INC.

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Walk Score®88Very WalkableVery Walkable
Transit Score®43Some TransitSome Transit
Bike Score®67BikeableBikeable
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Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 5485 Victoria Avenue Niagara Falls

Source: MLS® listing data
5485 Victoria Avenue Niagara Falls

Commercial Retail

5485 Victoria Avenue Niagara Falls

Niagara Falls

Type

Commercial Retail

Parking

None

Property Tax

~$22,750/yr

Heating

Radiant

Buying Essentials

Square Feet

19030 sqft

Parking

None

Finances

List Price

$4,799,999

Price per SQFT

$252/sqft

Property Tax

~$22,750/yr

Property Specs

Property Type

Commercial Retail

MLS Size

19030 sqft

Living & Amenities

Heating Type

Radiant

Policies & Utilities

Neighbourhood

Niagara Falls

Listed On

May 6, 2026

Price & Listing History

Days on Market

Current: 185 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$19,306/mo
Property Tax$1,896/mo
Total Monthly$21,202

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0