$12,000,000 FOR SALE

Office

Lot: 128 x 282 ft

4625 Cataract Avenue
Niagara Falls, ON L2E 3M3

Rare opportunity to develop a versatile property in one of the world’s most renowned destinations, just steps from the breathtaking Niagara Falls. Located on **0.93 acres** of prime land (40,762 square feet), this property offers stunning river views and proximity to key regional landmarks, making it an ideal location for various commercial ventures.  **Existing Infrastructure**: 33 operational hotel rooms and an attached 4-bedroom house, with functional plumbing, electrical, and baseboard heating systems. **Potential for Expansion**: Build a hotel with 33-37 rooms in this high-traffic tourist area. Includes an inground pool and full laundry facility. Unmatched Location: Just a 30-second walk to the GO station and Whirlpool Bridge, ensuring prime access for tourists and visitors. **Permitted Uses for the Property Include**: Art Gallery, Assembly Hall, Auctioneering Establishment, Bake Shop, Bank, Trust Company, Credit Union, Currency Exchange, Car Rental Establishment, Truck Rental Establishment, Clinic, Dancing Studio, Day Nursery, Drive-In Restaurant, Dry Cleaning Establishment, Farmers' Market, Funeral Home, Health Centre, Hotel, Laundry, Library, Motel, Museum, Office, Parking Lot, Personal Service Shop, Photographer's Studio, Place Of Entertainment, Place Of Worship, Printing Shop, Public Garage, Mechanical, Private Club, Recreational Uses, Restaurant, Retail Store, Service Shop, Tavern, Animal Clinic. With its **flexible zoning** and a location that attracts millions of visitors each year, this property is a prime candidate for a wide range of development opportunities. Whether you're looking to expand the current hotel, develop retail spaces, or introduce new commercial ventures, this property offers an unparalleled chance to capitalize on Niagara Falls’ thriving tourism industry. For more information or to schedule a viewing, contact us today! DO NOT WALK THE PROPERTY WITHOUT CONTACTING THE LISTING AGENT. HOUSE BEHND HOTEL INCLUDED. (id:47423)

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Listed By RE/MAX NIAGARA REALTY LTD, Brokerage
Data Provided By Niagara Association of REALTORS®
MLS® Listing Number 40649232
Last Updated Sep 19, 2024
Property Summary
Property Type Office

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Subdivision 210 - Downtown
Price History
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Detailed Information
Lot 128 x 282 ft
Listing Contract Date 2024-09-18
Location Description RIVER RD - PARK - CATARACT
Ownership Type Freehold
Property Type Office
Transaction Type For sale
Zoning Description CB
Building
Basement Type None
Stories Total 2
Size (Exterior) 10000
Utility Water Municipal water
Land
Total Size 1/2 - 1.99 acres
Sewer Municipal sewage system

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