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Last Updated : 351 Days ago
4625 Cataract Avenue, Niagara Falls, ON,

4625 Cataract Avenue, Niagara Falls MLS Number: 40649232

Niagara Falls, Niagara, ON, L2E 3M3

$12,000,000

Status:

  • Area : 10000 sqft
  • Property Type: Commercial Sale (Mixed,Building and Land)
  • Property Taxes : $40680 (Tax Year:2024)
  • Listing Courtesy : Re/max Niagara Realty Ltd, Brokerage

4625 Cataract Avenue Property Description

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.

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4625 Cataract Avenue Property Facts

Property Type :Commercial Sale
MLS Number :40649232
Listing Type :Sale
Possession Date :
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Last Updated :19 Dec, 2024 (351 Days ago)
Source :Niagara
Area :Niagara
City :Niagara Falls
Area Major :Niagara Falls
Area Minor :210 - Downtown
Postal Code : L2E 3M3
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Directions :RIVER RD - PARK - CATARACT

4625 Cataract Avenue Property Price & Tax Insights

Price : $12,000,000
Property Taxes :$40680
Tax Year :2024

4625 Cataract Avenue, Niagara Falls Property Details

Approx Square Footage :10000 sqft

4625 Cataract Avenue, Niagara Falls - Price History

2024-12

19 Dec, 2024

TREB #40649232

Back On Market

$12000000

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