4625 Cataract Avenue, Niagara Falls | Image 1

4625 Cataract Avenue

Niagara Falls

  • Commercial

$12,000,000
For Sale

Added 2 days ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Other

  • Zoning: CB

  • Age: No Data

  • Taxes: 40680

  • MLS®#: X11978497

  • Added: Feb 19, 2025 (2 days ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RE/MAX NIAGARA REALTY LTD, BROKERAGE

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.

Property

  • Status: Sale

  • Type: Other

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Area: Niagara Falls

  • Availability Date: FLEX

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://www.youtube.com/shorts/iErVqnkC468

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

  • Lot Code: Building

JK-6

Victoria Public School

Elementary: Public
3.37 km
JK-8

ÉÉC Saint-Antoine

Elementary: Catholic
2.65 km
JK-8

Simcoe Street Public School

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1.04 km
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St Patrick Catholic Elementary School

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St Mary Catholic Elementary School

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Valley Way Public School

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9-12

Thorold Secondary School

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Westlane Secondary School

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Stamford Collegiate

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Pre-Grade 9-12

Saint Michael Catholic High School

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7.79 km
Pre-Grade 9-12

Saint Paul Catholic High School

Secondary: Catholic
4.14 km
9-12

A N Myer Secondary School

Secondary: Public
3.74 km
For Sale
1 year ago
$14,999,999
  • 0 bath
  • 0 bed

5633 Victoria Avenue, Niagara Falls, Ontario • L2G 3L5 • Niagara Falls