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    For Sale - 4625 Cataract Avenue, Niagara Falls, Ontario

    Est payment $33,373/mo
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    Views   2
    Time on Jump  12 day

    AI Summary *

    • Location near Niagara Falls with great visibility and tourist traffic.
    • Existing hotel rooms and a separate residential home for added value.
    • Room for expansion with potential for a tall building development.
    • Zoned for various commercial uses, offering flexible development options.
    • Access to city grants and incentives for potential investors.




    City grants available!! Development happening all around this property! Click more photos & brochure below to view the interest free city loan incentives info. Proposed 20 storey building across the street! This property has been used for movies/tv show filming locations, providing income to the owner! Additionally, its prime queen st location offers unparalleled visibility and potential for a 30+ storey building. This exceptional offering includes not just the hotel but also a separate 5 bed, 4 bath home on the same lot, perfect for an owners residence, a property manager, or added value as an airbnb. It also has the potential to be subdivided. This is a rare opportunity to develop a versatile property in one of the most renowned destinations, just steps from niagara falls. Situated on 0. 93 acres of prime land (40,762 sqft),this property boasts stunning river views and proximity to key regional landmarks, making it an ideal location for commercial ventures. The existing infrastructure includes 33 operational hotel rooms and an attached 5-bedroom, 4-bathroom house, with functional plumbing, electrical, and baseboard heating systems. The property also features an inground pool and full laundry facility. With potential for expansion, there is an opportunity to construct a hotel with 33-37 floors in this high-traffic tourist area. Located just a 30-second walk to the go station and whirlpool bridge, the property ensures prime access for tourists and visitors. Additionally, it is zoned for a wide variety of uses, including art galleries, assembly halls, restaurants, retail stores, hotels, motels, parking lots, recreational uses, and much more, making it a prime candidate for development. With its flexible zoning and prime location, attracting millions of visitors each year, this property presents an unparalleled opportunity to capitalize on niagara falls thriving tourism industry. Community improvement plan and city incentives/interest-free loan information in supplements
    Listing IDX13210814
    Address4625 Cataract Avenue
    CityNiagara Falls, Ontario
    Price$6,950,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailHeating / Cooling Radiant

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    Listing Agency:  RE/MAX NIAGARA REALTY LTD, BROKERAGE

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    4625 Cataract Avenue
    Niagara Falls , Ontario
    $6,950,000
    Get more info