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$6,000,000
Status: For Sale
LOCATION, REPUTATION, LOCATION!!! This is one of the most reputable Motel and Dining establishment on Lundy's Lane in Niagara Falls. Only minutes away from one of the seven wonders of the world, casinos, shopping and the main entertainment strip. Niagara Falls is surrounded by the green belt and the conservation area is maintained by the Niagara parks commission. Millions of tourists visiting the area every year, enjoying the thunderous falls, the fireworks during holidays and the Christmas lights display in the winter. The property offered for sale has numerous revenue centers, giving the new owners many opportunities for a diverse income stream. The popular Breakfast/Lunch Restaurant, with about 150 seating capacity and high turnover per shift, has been serving the community for over 70 years. The 18 room, L-shaped, Motel building is stretched alongside the west boundary of the property, featuring en-suite bathrooms, A/C and 2 double beds. There are 21 individual cottages on the back of the property featuring en-suite bathrooms, 2 double beds and private parking, ideal for long-term rentals during conventions and local events. This property gives many opportunities to its new owners with many different revenue possibilities.
| Property Type | :Commercial Sale |
|---|---|
| MLS Number | :40630767 |
| Listing Type | :Sale |
| Property Age | :51-99 Years years |
| Possession Date | : |
| Last Updated | :26 Sep, 2024 (42 Days ago) |
| Source | :Niagara |
| Area | :Niagara |
|---|---|
| City | :Niagara Falls |
| Area Major | :Niagara Falls |
| Area Minor | :216 - Dorchester |
| Postal Code | :
L2G 1W2
|
| Directions | :SOUTHSIDE OF LUNDY`S LANE - JUST 2 BLOCKS WEST OF DORCHESTER ROAD. |
| Price | : $6,000,000 |
|---|---|
| Property Taxes | :$72639.1 |
| Tax Year | :2024 |
|---|
| Bedrooms | :0 + |
|---|---|
| Place of Worship | :No |
| Cross Street | :SOUTHSIDE OF LUNDY`S |
| Approx Square Footage | :8487 sqft |
|---|
| Parking Space | :50 |
|---|---|
| Basement | :Partial |
19 Aug, 2024
TREB #40630767
Listed
$6000000
