$12,000,000
10,000 Acre SQFT

4625 CATARACT Avenue, Niagara Falls, Ontario L2E3M3

  • Commercial Sale Property Type
  • 10,000 Acre Square Footage
Property Description

Rare opportunity to develop a versatile property in one of the world’s 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. For more information or to schedule a viewing, contact us today! DO NOT WALK THE PROPERTY WITHOUT CONTACTING THE LISTING AGENT. HOUSE BEHND HOTEL INCLUDED. (id:58395)

Listing Stats
Commercial Sale
for Sale
40649232
$12,000,000
10,000 Acre
Active
$0
Features
: None
: Municipal sewage system
Location
Canada
ON
Niagara Falls
210 - Downtown
L2E3M3
CATARACT
4625
Avenue
W80° 56' 19.1''
N43° 6' 26.2''
MLS Details
Active
$0
Additional Information
: Municipal water
https://youtube.com/shorts/iErVqnkC468?feature=share
2.0
Financial
$40,680
Listing Information
2024-09-19T16:10:24Z
Niagara Association of REALTORS®
2024-09-19T16:00:37Z
Address Map
RIVER RD - PARK - CATARACT
Basic Details
Office
Review
Overall
0 Votes
100 0.0 0
Check-in
0 Votes
Communication
0 Votes
Location
0 Votes
Value
0 Votes
Accuracy
0 Votes
Cleanliness
0 Votes
You don't have access to post a review!
Load More
Contact info
Inquire about this property
Mortgage Calculator
$
%
years
%
%per year
%per year
$
Contact Us
Info@Realtyna.com (302) 525 8222