REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 12,000,000
Est. payment /mo
New
4625 CATARACT AVENUE Niagara Falls, ON L2E3M3
10,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $1,200
MLS® Listing ID X11978497
Originating Board Niagara Association of REALTORS®
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. (id:24570)
Location
Province ON
Interior
Heating Radiant heat
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Virtual Tour https://www.youtube.com/shorts/iErVqnkC468
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
GET MORE INFORMATION