$706.96 Per Sq Foot $32,209 est/mo Sourced by Back At You

7104-18 Lundy`s Lane,Niagara Falls, ON L2G 1W2

Niagara Falls ON, L2G 1W2

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Description

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.

Details

MLS#40584034
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site40
Listing Provided ByREVEL Realty Inc., Brokerage | Angela Bachert

Features

SQ Feet8,487
BasementY
Story(s)1
ZoningTC
Acreage2.23
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 1 minute ago
ProvinceON
CountyNiagara
CityNiagara Falls
Postal CodeL2G 1W2
AreaNiagara Falls
Subarea216 Dorchester
Community Name216 Dorchester
Listing VS Median (in 216 Dorchester)
Price:
$6,000,000
low | high
Med:
$679,000
100% of Average
SqFt:
8,487
low | high
Med:
1,225
100% of Average
$ / SqFt:
$707
low | high
Med:
$566
69.962875% of Average
On Site:
40
low | high
Med:
87.500000
45.714285714286% of Average
Sourced by Back At You
Listing Updated: May 26, 2024 at 9:05:31 AM PDT