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®#: X11978497
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Days on Site: 12 Days
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Added: Feb 19, 2025 (1 month ago)
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Updated:
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Last Checked: 2 weeks ago
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Listed By: RE/MAX NIAGARA REALTY LTD, BROKERAGE
This incredible property has been used for several movies and TV show filming locations, providing excellent income to the owner! Additionally, its prime QUEEN ST location offers unparalleled visibility and the potential for a 30+ storey building.This exceptional offering includes not just the hotel but also a separate 5 bedroom, 4 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.This is a rare opportunity to develop a versatile property in one of the worlds most renowned destinations, just steps from the breathtaking Niagara Falls. Situated on 0.93 acres of prime land (40,762 sqft),this property boasts stunning river views and proximity to key regional landmarks, making it an ideal location for various commercial ventures.The existing infrastructure includes 33 operational hotel rooms and an attached 5-bedroom, 4-bathroom house, with functional plumbing, electrical, and baseboard heating systems. The property also features an inground pool and full laundry facility. With potential for expansion, there is an opportunity to construct a hotel with 33-37 FLOORS in this high-traffic tourist area. Located just a 30-second walk to the GO station and Whirlpool Bridge, the property ensures prime access for tourists and visitors. Additionally, it 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 much more, making it a prime candidate for development. With its flexible zoning and prime location, attracting millions of visitors each year, this property presents an unparalleled opportunity 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: QUEEN ST - RIVER RD
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
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