Salehian.com 647-325-5000

5043 Centre Street

214 - Clifton Hill, Niagara Falls, L2G 3N8

$399,000

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Listed 56 days ago · MLS® X13709584

About this home

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.

Details

Type
Sale Of Business
Age
6-15 years
Lot
50.59 × 128 ft
Garage
None
Neighbourhood
214 - Clifton Hill
Municipality
Niagara Falls

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes
Utilities
Yes

Building and exterior

Age
6-15 years
Building area
10,000 Square Feet

More

Possession
TBD
Cross street
Centre St & Victoria Ave
Business type
Restaurant

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 1 grocery store, 82 cafés and restaurants, 2 parks, 1 pharmacy. Nearest grocery: Bombay Store (900 m). Nearest park: Ontario Park (1000 m).

Schools nearby

Elementary

  • Valley Way Public School
    EQAO: Gr 6 reading 80%, math 40%    17 min walk
  • Simcoe Street Public School
    EQAO: Gr 6 reading 92%, math 56%    17 min walk
  • St. Patrick Catholic Elementary School Catholic
    EQAO: Gr 3 reading 100%, math 100%    1.5 km
  • St. Mary Catholic Elementary School Catholic
    EQAO: Gr 6 reading 100%, math 100%    1.7 km

Secondary

  • Stamford Collegiate
    EQAO: Gr 9 math 62%, literacy test 80%    1.8 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L2G

Owners / renters
63% / 37%
Median household income
$69,000
Average age
44
Children under 15
14%
Homes
63% detached, 3% high-rise
Commute by transit
3%
Population
30,344

Languages spoken most at home besides English: Punjabi (Panjabi) 1.3%, Tagalog (Pilipino, Filipino) 1.1%, Spanish 0.9%, Mandarin 0.8%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area in Niagara Peninsula Conservation’s mapping.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Niagara Region (St. Catharines) police: 54 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Niagara Peninsula Conservation open data. Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 66 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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