4625 Cataract Avenue Niagara Falls, Ontario L2E 3M3
$12,000,000
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:41589)
Property Details
| MLS® Number | X11978497 |
| Property Type | Retail |
| Farm Type | Other |
Building
| Heating Type | Radiant Heat |
| Size Exterior | 10000 Sqft |
| Size Interior | 10000 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 281 Ft ,10 In |
| Size Frontage | 127 Ft ,10 In |
| Size Irregular | Bldg=127.87 X 281.9 Ft |
| Size Total Text | Bldg=127.87 X 281.9 Ft |
| Zoning Description | Cb |
https://www.realtor.ca/real-estate/27929318/4625-cataract-avenue-niagara-falls
Greg Sykes
Salesperson
261 Martindale Rd., Unit 14c
St. Catharines, Ontario L2W 1A2
(905) 687-9600
(905) 687-9494
www.remaxniagara.ca/
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February 19 2025 05:56:39
Niagara Association of REALTORS®
RE/MAX Niagara Realty Ltd, Brokerage