$30,000,000
FOR SALE

Commercial/Retail

Lot: 1.15 x 0 ftTotal Area: 2 acres
2023 Taxes: $156,046

5234 Ferry St
Niagara Falls, ON L2G 1R5 | Niagara

Intercity Realty Inc. is thrilled to present an outstanding property with immense potential for high-density residential development, strategically located in the bustling Tourist Core of Niagara Falls, at the intersection of Ferry Street and Clark Avenue. This remarkable property comprises a 4-storey 80-room hotel & a 2-storey 40-room motel, the renowned Hooters restaurant and various other rental income opportunities. Currently, a mixed-use development proposal featuring two 30-storey towers with a 4-storey commercial/parking podium has been submitted to the City. Spanning over 2 acres across 4land parcels, this property offers substantial room for future expansion and enhancement. Reach out to Intercity Realty Inc. today to seize this exceptional opportunity in the heart of Niagara Falls' vibrant tourism district.
Extras
Environmental and study reports available upon request, Property measurements and tax details are pending confirmation. B/B's agent to conduct due diligence, verify all measurements & info.
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Listed By INTERCITY REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8342806
Last Updated May 26, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Use Hospitality/Food Related
Category Retail
PIN 643480052
Legal Description See Broker Remarks
Occupancy Tenant
Possession Date TBD
Taxes (2023) $156,046
Tax Type Annual
Directions/Cross Streets Ferry Street & Clark Avenue
Area Niagara
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 1.15 x 0 ft
Lot Irregularities Irregular Lot
Total Area 2 acres
Elevator Public
Air Conditioning Y
Basement N
Garage Type Outside/Surface
Heat Type None
Area Influences Subways
Sprinklers Y
Sewers San+Storm Avail
Utilities A
Water Municipal
Rail N
Lot/Bldg/Unit Code Lot
Zoning Tourist Commercial
Seller Property Info Statement N

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