$2,300,000
FOR SALE

Business for Sale

Hotel/Motel/Inn

Lot: 68.94 x 165 ftTotal Area: 11,517.37 ft2
2023 Taxes: $28,416

3708 Main St
Niagara Falls, ON L2G 6B1 | Niagara

Motel for Sale in Niagara Falls, 19 ROOM + 2 BR APPT for the Owner + 2 BR Finished Basement with Separate Entrance. Well maintained Rooms, a mix of Single bed and Double beds, 1 Jacuzzi Room, 5 Kitchenette Rooms. New Roof done few months back with 10 years guarantee. Walking distance to the MarineLands, 5 minutes to Niagara Falls, 15 minutes to Rainbow Bridge to USA. Other amenities like Shopping, Grocery, Schools, College, Hospital, Highways minutes away. Motel is located in a safe and nice neighborhood in a developing area with some new construction projects including new condo projects, new hospital and new sport center are going on. Motel has good rating online with a good customer base. Currently over 50% of rooms are occupied by the workers, contractors on a weekly and monthly basis. The motel has a separate breakfast area with tables and chairs, tv etc. (currently closed and using as a storage area)
Extras
3 storage sheds outside in the parking lot and 1 storage room upstairs. Laundry area and additional storage in the basement.
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Listed By CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X7308242
Last Updated Apr 17, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Hotel/Motel/Inn
Franchise Non-Franchise
Business/Building Name Niagara Parkway Court Motel
Category With Property
Occupancy Own+Ten
Possession Date 30 to 90 days
Taxes (2023) $28,416
Tax Type Annual
Directions/Cross Streets Portage Rd & Cummington Square
Area Niagara
Price History

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Detailed Information
Freestanding Y
Bathrooms 21
Lot 68.94 x 165 ft
Total Area 11,517.37 ft2
Air Conditioning Y
Basement Y
Chattels Y
Garage Type Outside/Surface
Parking Spaces 21
Days Open 7
Hours Open 8Am - 1
LLBO N
Employees 2
Heat Type Gas Forced Air Open
Financial Statement Y
Outside Storage Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning Commercial - Motel
Seller Property Info Statement N

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