$6,000,000
FOR SALE

Commercial/Retail

Lot: 206 x 541 ft

7104 Lundy's Lane
Niagara Falls, ON L2G 1W2

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. (id:47421)
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Listed By REVEL Realty Inc., Brokerage
Data Provided By Niagara Association of REALTORS®
MLS® Listing Number 40630767
Last Updated Aug 19, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Subdivision 216 - Dorchester
Price History

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Detailed Information
Lot 206 x 541 ft
Amenities Nearby Hospital, Public Transit
Community Features High Traffic Area
Listing Contract Date 2024-08-19
Location Description SOUTHSIDE OF LUNDY'S LANE - JUST 2 BLOCKS WEST OF DORCHESTER ROAD.
Ownership Type Freehold
# of Parking Spaces 50
Property Type Hospitality
Transaction Type For sale
Zoning Description TC
Building
Basement Type Partial
Stories Total 1
Size (Exterior) 8487
Utility Water Municipal water
Land
Total Size 2.23 acres
Access Type Highway access
Acreage Yes
Amenities Hospital, Public Transit
Sewer Municipal sewage system
Size of Irregular Land 2.23

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