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    For Sale - 5544 Mcleod Road, Niagara Falls, Ontario

    Est payment $23,529/mo
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    Views   1
    Time on Jump  124 day

    AI Summary *

    • Large 1.52-acre corner site in Niagara Falls' tourist district.
    • Zoned for various uses including hotel, retail, and mixed-use development.
    • Existing non-operating motel with redevelopment or restoration potential.
    • High visibility at busy intersection, close to major attractions.
    • Ideal opportunity for a significant redevelopment in a popular tourist market.




    Power of sale! In the heart of niagara falls vibrant tourist district. This high profile 1. 52 acre corner site offers exceptional redevelopment potential in one of canada's most visited destinations. Zoned tourist commercial, the property permits a wide range of uses including hotel, residential, mixed use, retail and tourism related development. Improved with a vacant non operating two storey motel containing 23 guest rooms plus a three bedroom manager's residence in need of rejuvenation, presenting either a restoration and expansion opportunity or a complete redevelopment play. Premier of ontario and the city of niagara falls have a long term vision for intensification in the tourist core. The property offers the potential to pursue a hotel, mid rise or high rise rezoning for greater density and height, subject to municipal approvals. Strategically located at the busy gateway intersection of stanley avenue and mcleod road, between marineland and the established hotel and entertainment core, the site benefits from outstanding exposure and accessibility. It is minutes to fallsview casino, horseshoe falls, clifton hill, major attractions, the qew highway, go transit and the u. S. Border via the rainbow bridge. This is a rare chance to secure a significant redevelopment site in a tightly held tourist market with strong fundamentals, offered under power of sale! Property being sold by the mortgagee in "as-is, where-is" condition.
    Listing IDX12686288
    Address5544 Mcleod Road
    CityNiagara Falls, Ontario
    Price$4,900,000
    StyleInvestment
    Land Size1.52
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling None

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    Listing Agency:  HIGH POINT REALTY LIMITED

    * 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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    5544 Mcleod Road
    Niagara Falls , Ontario
    $4,900,000
    Get more info