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:47423)
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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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