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In-PersonVirtual Tour
$ 12,000,000
Est. payment | /mo
10,000 SqFt
$ 12,000,000
Est. payment | /mo
10,000 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $1,200
MLS Listing ID X11978497
Annual Tax Amount $40,680
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
This incredible offering includes not just the hotel but also a separate 4-bedroom, 3-bath home on the same lot perfect for an owners residence, a property manager, or added value as an Airbnb. It also has the potential to be subdivided.Rare opportunity to develop a versatile property in one of the worlds most renowned destinations, just steps from the breathtaking Niagara Falls. Located on 0.93 acres of prime land (40,762 square feet), this property offers stunning river views and proximity to key regional landmarks, making it an ideal location for various commercial ventures. Existing Infrastructure includes a 33 operational hotel rooms and an attached 5-bedroom, 4-bathroom house, with functional plumbing, electrical, and baseboard heating systems. Potential for Expansion allows for the construction of a hotel with 33-37 rooms in this high-traffic tourist area. The property also includes an inground pool and full laundry facility.Unmatched Location: Just a 30-second walk to the GO station and Whirlpool Bridge, ensuring prime access for tourists and visitors.The property is zoned for a wide variety of uses, including art galleries, assembly halls, banks, clinics, restaurants, retail stores, hotels, motels, parking lots, recreational uses, and many more, making it a prime candidate for a wide range of development opportunities. With its flexible zoning and a location that attracts millions of visitors each year, this property offers an unparalleled chance to capitalize on Niagara Falls thriving tourism industry.WATCH THE PROPERTY VIDEO to see everything this incredible offering has to offer! (Click the multimedia icon)DO NOT WALK THE PROPERTY WITHOUT CONTACTING THE LISTING AGENT. HOUSE BEHIND HOTEL INCLUDED.
Location
Province ON
County Niagara
Area Niagara
Interior
Cooling No
Exterior
Utilities Available Available
Lot Frontage 127.87
Lot Depth 281.9
Others
Security Features No
Virtual Tour https://www.youtube.com/shorts/iErVqnkC468
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
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