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