7104 Lundy`s Lane , Niagara Falls, ON L2G 1W2
Niagara Falls, ON L2G 1W2
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# | 40630767 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 55 |
| Listing Provided By | REVEL Realty Inc., Brokerage | Angela Bachert |
Features
| SQ Feet | 8,487 |
|---|---|
| Basement | Y |
| Story(s) | 1 |
| Zoning | TC |
| Acreage | 2.23 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Niagara |
| City | Niagara Falls |
| Postal Code | L2G 1W2 |
| Area | Niagara Falls |
| Subarea | 216 Dorchester |
| Community Name | 216 Dorchester |
| Listing VS Median (in 216 Dorchester) | |
Price: $6,000,000 low | high Med: $599,000 SqFt: 8,487 low | high Med: 1,077 $ / SqFt: $707 low | high Med: $556 On Site: 55 low | high Med: 17.000000 | |