Skip to content
1 / 10
For saleMLS® X13745248

4880 Victoria Avenue, Niagara Falls, ON L2E 4C5

Downtown · L2E 4C5

$1,500,000

$152 / sq ft

2 months on market

Total area
9,900 sf
Lot
66 × 150 ft

What's special

  • Yes

Book a private showing

Pick a time that suits you. No obligation.

Loading open times…

About this property

Must sell. Retiring. Any reasonable offer will be reviewed.Exceptional opportunity to acquire a hugely popular, fully operational 130-seat restaurant in the heart of downtown Niagara Falls. Successfully operating for over 40 years, this well-established destination restaurant is recognized by locals and tourists alike for its long-standing presence and strong customer base.This offering combines an established restaurant business with a substantial commercial real estate property. The property offers approximately 7,400 sq. ft. above grade plus a full basement and is ideally suited for a restaurant, hospitality operation, or other commercial uses, subject to applicable approvals. The sale includes all equipment, furniture, fixtures, and restaurant-related assets, providing an excellent turnkey opportunity for an owner-operator or investor.Located on a high-traffic corridor in the heart of Niagara Falls, the property benefits from exceptional visibility and proximity to major tourist attractions, hotels, entertainment, and other downtown amenities. The property also features 12+ private parking spaces at the rear - a rare and highly valuable feature in the downtown core.With its prominent location, significant building size, established restaurant operation, parking, and strong tourism-driven exposure, this is a unique opportunity to acquire both a proven hospitality business and a valuable commercial real estate asset in one of Canada's premier tourism markets.Ideal for an owner-operator, hospitality investor, or buyer seeking a high-profile commercial property with an established income-producing business.

Property details

Property

Property type
retail
Interior size
9,900 sq ft
Lot size
66 × 150 ft
Zoning
General Commercial (GC)
Possession
Flexible

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Costs

List price
$1,500,000
Property taxes
$15,545 / year (2025)
Price per sq ft
$152

Listing

MLS® number
X13745248
Status
For sale
Listed
September 4, 2026
Days on market
62
Last updated
September 4, 2026
Listing brokerage
ROYAL LEPAGE NRC REALTY

Price & sale history

This property's sale history is hidden

TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.

Unlock sale history & sold price

Free. Takes about twenty seconds.

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 67% of comparable retail listings in Downtown are asking less.

$689KMedian $1.10M$4.60M
This home
$152 / sq ft
Comparable median
$280 / sq ft

Based on 9 comparable active retail listings in Downtown. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $300,000
$300,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$6,635.01
Property tax (est.)
$1,295.43
Estimated monthly
$7,930

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
$26,475
Total due on closing
$26,475

An estimate on the asking price of $1,500,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL LEPAGE NRC REALTY. 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.

$1,500,000

Contact Book a viewing

Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

Unlock nearby sold prices

Free. Takes about twenty seconds.

Similar properties nearby