$12,000,000
FOR SALE

Commercial/Retail

Lot: 127.83 x 281.83 ft

4625 Cataract Avenue
Niagara Falls (210 - Downtown), ON L2E 3M3

Development happening all around this property! A golden opportunity. Proposed 20 storey building going up across the street! This incredible property has been used for several movies and TV show filming locations, providing excellent income to the owner! Additionally, its prime QUEEN ST location offers unparalleled visibility and the potential for a 30+ storey building. This exceptional offering includes not just the hotel but also a separate 5 bed, 4 bath home on the same lot, perfect for an owners residence, a property manager, or added value as an Airbnb. It also has the potential to be subdivided. This is a rare opportunity to develop a versatile property in one of the most renowned destinations, just steps from Niagara Falls. Situated on 0.93 acres of prime land (40,762 sqft),this property boasts stunning river views and proximity to key regional landmarks, making it an ideal location for commercial ventures.The existing infrastructure includes 33 operational hotel rooms and an attached 5-bedroom, 4-bathroom house, with functional plumbing, electrical, and baseboard heating systems. The property also features an inground pool and full laundry facility. With potential for expansion, there is an opportunity to construct a hotel with 33-37 FLOORS in this high-traffic tourist area. Located just a 30-second walk to the GO station and Whirlpool Bridge, the property ensures prime access for tourists and visitors. Additionally, it is zoned for a wide variety of uses, including art galleries, assembly halls, restaurants, retail stores, hotels, motels, parking lots, recreational uses, and much more, making it a prime candidate for development. With its flexible zoning and prime location, attracting millions of visitors each year, this property presents an unparalleled opportunity to capitalize on Niagara Falls thriving tourism industry. WATCH THE PROPERTY VIDEO to see everything this incredible offering has to offer! (id:47421)
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Listed By RE/MAX NIAGARA REALTY LTD, Brokerage
Data Provided By Niagara Association of REALTORS®
MLS® Listing Number X11978497
Last Updated Mar 25, 2025
Property Summary
Property Type Commercial/Retail

More like this:
Community 210 - Downtown
Price History

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Detailed Information
Lot 127.83 x 281.83 ft
Farm Type Other
Listing Contract Date 2025-02-19
Location Description QUEEN ST - RIVER RD - PARK - CATARACT
Property Type Retail
Transaction Type For sale
Zoning Description CB
Building
Heating Type Radiant heat
Size (Exterior) 10000 square feet
Utility Water Municipal water
Land
Total Size Bldg=127.87 x 281.9 FT
Size of Irregular Land Bldg=127.87 x 281.9 FT

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