LOADING

5544 Mcleod Road Niagara Falls, Ontario L2G 3E3

9075 sqft
Baseboard Heaters

$12,675,000

Harvey Kalles Real Estate Ltd., Brokerage & High Point Realty Limited are pleased to present a prominent gateway motel property with mid-to-high density residential development potential. Located in the Tourist Core of Niagara Falls at the corner of Stanley Ave & McLeod Rd, between Marineland and the hotel-entertainment core, the existing non-operating 2 storey motel, in need of rejuvenation, contains 23 motel units and has a 3-bedroom office/residence. In-place zoning permits a range of Tourist Commercial Uses. A mixed-use development concept by Zeidler Partnership Architects for 245 res units/22 floors with podium retail commercial has been presented to the City. The site provides a unique opportunity to pursue a mid-rise or high-rise rezoning for greater heights or to restore/expand the existing model. **** EXTRAS **** 1.5+/- acres site consists of 2 land parcels.Survey, Geotech, Phase 1, 2 & Record of Site Condition reports are avail.HST is in addition to list price & sole responsibility & expense of the Buyer.Property Tax amt subject to confirmation. (id:41954)

Business

Business Type Accommodation
Business Sub Type Motel

Property Details

MLS® Number X8060196
Property Type Business
Amenities Near By Public Transit
Parking Space Total 23

Building

Heating Type Baseboard Heaters
Size Interior 9075 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Size Irregular 297.41 X 207.8 Ft ; Irregular -two Parcels
Size Total Text 297.41 X 207.8 Ft ; Irregular -two Parcels

https://www.realtor.ca/real-estate/26503155/5544-mcleod-road-niagara-falls

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