5043 Centre Street, Niagara Falls, ON L2G 3N8
Clifton Hill · L2G 3N8
$399,000
$40 / sq ft2 months on market
- Total area
- 10,000 sf
- Lot
- 50.59 × 128 ft
- Age
- 6-15 years
What's special
- Yes
About this property
An extraordinary opportunity to establish a flagship restaurant, entertainment venue, or hospitality concept in the heart of Niagara Falls. 5043 Centre Street is a rare freestanding, purpose-built hospitality property ideally positioned at Centre Street and Victoria Avenue, just steps from Clifton Hill and within walking distance of Niagara Falls. Spanning 10,000+ sq. ft. across three levels with an impressive licensed capacity of 616, this fully equipped facility is built for high-volume food, beverage and entertainment operations. The property features two large commercial exhaust hoods, full-service kitchens, walk-in fridge and freezer, extensive prep areas, multiple bars, roll-up garage doors and significant back-of-house infrastructure. The true showstopper is the rooftop patio with direct views of Niagara Falls - an incredibly rare and compelling feature that creates the opportunity for a truly iconic destination concept. On-site parking is included, with a 24-hour public parking lot immediately adjacent to the property, providing exceptional convenience for guests. With its scale, infrastructure, location and unparalleled rooftop setting, this is an opportunity for an ambitious operator or established brand to secure a signature flagship location in one of Canada's busiest year-round tourism destinations. Gross Rent: $30,000/month inclusive of TMI + HST. 5-year term + 5-year renewal option. Please do not go direct.
Property details
Property
- Property type
- business
- Interior size
- 10,000 sq ft
- Year built
- 6-15
- Lot size
- 50.59 × 128 ft
- Zoning
- Tourist Commercial
- Possession
- TBD
Interior
- Heating
- Gas Forced Air Open
- Cooling
- Yes
Costs
- List price
- $399,000
- Price per sq ft
- $40
- Rental items
- * As per List of Chattels & Equipment *
Listing
- MLS® number
- X13709584
- Status
- For sale
- Listed
- August 25, 2026
- Days on market
- 72
- Last updated
- August 25, 2026
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced in line with comparable listings — about 70% of comparable business for sale listings in Niagara Falls are asking less.
- This home
- $40 / sq ft
- Comparable median
- $151 / sq ft
Based on 20 comparable active business for sale listings in Niagara Falls. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $2,095.83
- Estimated monthly
- $2,096
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $4,460
- Total due on closing
- $4,460
An estimate on the asking price of $399,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
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