Active
4625 Cataract Avenue
Niagara Falls ON, L2E 3M3
C$12,000,000
C$1,200.00 per sqft
Active
10,000 sqft
Commercial
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.
40649232
MLSⓇ ID
September 18, 2024
Listed
October 1, 2024
Updated
Map
4625 Cataract Avenue
Niagara Falls ON, L2E 3M3
Other Property Details
Area Name
Niagara Falls
Taxes
$40,680
Tax Frequency
Annually
Garage
No
View
No
County
Niagara
Water Source
Municipal
Pool
No
Zoning
CB