5544 Mcleod Road Niagara Falls, Ontario L2G 3E3
$6,975,000
Harvey Kalles Real Estate Ltd., Brokerage & High Point Realty Limited are pleased to present a prominent gateway motel property with mid-to-high density residential development potential. Located in the Tourist Core of Niagara Falls at the corner of Stanley Ave & McLeod Rd, between Marineland and the hotel-entertainment core, the existing non-operating 2 storey motel, in need of rejuvenation, contains 23 motel units and has a 3-bedroom office/residence. In-place zoning permits a range of Tourist Commercial Uses. A mixed-use development concept by Zeidler Partnership Architects for 245 res units/22 floors with podium retail commercial has been presented to the City. The site provides a unique opportunity to pursue a mid-rise or high-rise rezoning for greater heights or to restore/expand the existing model. As is where is sale. **** EXTRAS **** 1.5+/- acres site consists of 2 land parcels.Survey, Geotech, Phase 1, 2 & Record of Site Condition reports are avail.HST is in addition to list price & sole responsibility & expense of the Buyer.Property Tax amt subject to confirmation. (id:46040)
Business
| Business Type | Accommodation |
| Business Sub Type | Motel |
Property Details
| MLS® Number | X8060196 |
| Property Type | Business |
| Amenities Near By | Public Transit |
| Parking Space Total | 23 |
Building
| Heating Type | Baseboard Heaters |
| Size Interior | 9075 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 207 Ft ,9 In |
| Size Frontage | 297 Ft ,4 In |
| Size Irregular | 297.41 X 207.8 Ft ; Irregular -two Parcels |
| Size Total Text | 297.41 X 207.8 Ft ; Irregular -two Parcels |
| Zoning Description | Tourist Commercial |
https://www.realtor.ca/real-estate/26503155/5544-mcleod-road-niagara-falls
Paul Azzarello
Salesperson
2145 Avenue Road
Toronto, Ontario M5M 4B2
(416) 441-2888
www.harveykalles.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 04 2024 03:52:42
Toronto Real Estate Board
Harvey Kalles Real Estate Ltd.