Added 1 month ago
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Type: Commercial/Retail
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Property Type: Commercial
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Business Type: Other
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Zoning: CB
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Age: No Data
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Taxes: 40680
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MLS®#: X9368111
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Days on Site: 1 Days
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Added: Sep 24, 2024 (1 month ago)
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Updated:
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Last Checked: 1 hour ago
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Listed By: RE/MAX NIAGARA REALTY LTD.
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**: 33 operational hotel rooms and an attached 4-bedroom house, with functional plumbing, electrical, and baseboard heating systems. **Potential for Expansion**: Build a hotel with 33-37 rooms in this high-traffic tourist area. 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. **Permitted Uses for the Property Include**: Art Gallery, Assembly Hall, Auctioneering Establishment, Bake Shop, Bank, Trust Company, Credit Union, Currency Exchange, Car Rental Establishment, Truck Rental Establishment, Clinic, Dancing Studio, Day Nursery, Drive-In Restaurant, Dry Cleaning Establishment, Farmers' Market, Funeral Home, Health Centre, Hotel, Laundry, Library, Motel, Museum, Office, Parking Lot, Personal Service Shop, Photographer's Studio, Place Of Entertainment, Place Of Worship, Printing Shop, Public Garage, Mechanical, Private Club, Recreational Uses, Restaurant, Retail Store, Service Shop, Tavern, Animal Clinic. With its **flexible zoning** and a location that attracts millions of visitors each year, this property is a prime candidate for a wide range of development opportunities. Whether you're looking to expand the current hotel, develop retail spaces, or introduce new commercial ventures, this property offers an unparalleled chance to capitalize on Niagara Falls thriving tourism industry. DO NOT WALK THE PROPERTY WITHOUT CONTACTING THE LISTING AGENT. HOUSE BEHND HOTEL INCLUDED.
Property
Status: Sale
Type: Other
Property Type: Commercial/Retail
Property Type: Multi-Use
Area: Niagara Falls
Availability Date: Flexible
Inside
Air Conditioning: N
Utilities
Utilities: Available
Building
Basement: N
Heat Type: Radiant
Elevator: None
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: None
Fees
Tax Year: 2024
Taxes: $40,680
Taxes Type: Annual
Land
Cross Street: RIVER RD - PARK - CA
Municipality District: Niagara Falls
Parcel Number: 644450034
Lot Depth: 281.9 Feet
Lot Frontage: 127.87 Feet
Zoning: CB
Additional Media
- Virtual Tour: https://moveitmedia.aryeo.com/videos/0192054d-2875-73d8-90a6-ae946ef1f214
Commercial Specific
Retail Area: 10000
Retail Area Metric: Sq Ft
Sprinklers: N
Total Area: 10000
Total Area Metric: Sq Ft
Days Open: V
Franchise: N
Tangible Property Included: N
Lot Code: Building
Financial Statement: N
Victoria Public School
Elementary: PublicÉÉC Saint-Antoine
Elementary: CatholicSimcoe Street Public School
Elementary: PublicSt Patrick Catholic Elementary School
Elementary: CatholicSt Mary Catholic Elementary School
Elementary: CatholicValley Way Public School
Elementary: PublicThorold Secondary School
Secondary: PublicWestlane Secondary School
Secondary: PublicStamford Collegiate
Secondary: PublicSaint Michael Catholic High School
Secondary: CatholicSaint Paul Catholic High School
Secondary: CatholicA N Myer Secondary School
Secondary: Public
