Active

7104-18 Lundy`s Lane

Niagara Falls ON, L2G 1W2

$6,000,000


$706.96 per sqft

Active

8,487 sqft

Commercial

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.

40584034

MLS ID

May 10, 2024

Listed

May 26, 2024

Updated

Map

7104-18 Lundy`s Lane
Niagara Falls ON, L2G 1W2

Interior Features

Total Stories

1


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

2.23 Acres


Lot Features

Ample Parking, High Traffic Area, Highway Access, Hospital, Public Transit, Other


Sewer

Sewer (Municipal)

Other Property Details

Area Name

Niagara Falls


Taxes

$72,639


Tax Frequency

Annually


Garage

No


Parking Total

50


View

No


County

Niagara


Water Source

Municipal


Pool

No


Zoning

TC

 

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