$1,500,000
( $151.52Per Sq Foot )
 $8,052 est/mo Sourced by Back At You

4880 Victoria Avenue,Niagara Falls, ON L2E 4C5

Niagara Falls, ON L2E 4C5

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Description

MUST SELL- RETIRING - Any reasonable offer will be reviewed. Exceptional opportunity to acquire a landmark restaurant business and commercial property located 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 reputation and loyal customer base. The offering includes the business, real estate, and all equipment, fixtures, furniture, and chattels required for a seamless transition. The property features approximately 7,400 sq. ft. above grade plus a full basement. The main floor restaurant offers two separate entrances, providing the flexibility to operate as two independent restaurant concepts with different cuisines or dining experiences. The second floor features a fully operational and licensed banquet facility complete with washrooms and support areas, creating additional revenue potential for private events, functions, and group dining, Ideally positioned on a high-traffic corridor near major tourist attractions, hotels, casinos, and entertainment destinations, the property benefits from exceptional year-round exposure. Ample private parking is available at both the side and rear of the building - a rare and valuable feature in the downtown core. Excellent opportunity for owner-operators, restaurateurs, or hospitality investors seeking an established operation with strong upside potential in one of Canada's premier tourism markets.

Details

MLS #X13079238
Listing TypeFor Sale
Building NameBasell's Restaurant & tavern
Sub-TypeResale
StatusNew
Year0
Days On Site118
Listing Provided ByROYAL LEPAGE NRC REALTY | X13079238 292602

Features

SQ Feet9,900
Acreage0.23

Interior

CoolingYes

Exterior

Community FeaturesMajor Highway, Public Transit
Security FeaturesNo

Utilities

UtilitiesYes

Taxes

Tax Annual Amount15545.1
Tax TypeAnnual
Tax Year2025

Area Information

ProvinceON
RegionNiagara
CityNiagara Falls
Postal CodeL2E 4C5
Area210 Downtown
Listing VS Median (in L2E 4C5)
Price:
$1,500,000
low | high
Med:
$1,500,000
50% of Average
sqft:
9,900
low | high
Med:
9,900
50% of Average
$ / sqft:
$152
low | high
Med:
$152
50% of Average
On site:
118
low | high
Med:
118
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
RegionNiagara
CityNiagara Falls
Postal CodeL2E 4C5
Area210 Downtown
Listing VS Median (in L2E 4C5)
Price:
$1,500,000
low | high
Med:
$1,500,000
50% of Average
sqft:
9,900
low | high
Med:
9,900
50% of Average
$ / sqft:
$152
low | high
Med:
$152
50% of Average
On site:
118
low | high
Med:
118
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.125M - $1.875M
sqft: 7,000 - 12,000
Nearby Listings Property ImageNearby Listings Details
4507 Queen Street Property Photo 1
$1,498,000
4507 Queen Street
Niagara Falls, ON L2E 2L4
5319 Victoria Avenue Property Photo 1
$1,100,000
5319 Victoria Avenue
Niagara Falls, ON L2E 4E6
Listing Updated: July 6, 2026 at 8:45:17 PM PDT