7104 Lundy`s Lane Active Save Request In-Person Tour Request Virtual Tour
Niagara Falls,ON L2G 1W2
Key Details
Property Type Commercial
Sub Type Hospitality,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 8,487 sqft
Price per Sqft $706
MLS Listing ID 40630767
Annual Tax Amount $72,639
Lot Size 2.230 Acres
Property 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.
Location
Province ON
County Niagara
Area Niagara Falls
Zoning TC
Rooms
Kitchen 0
Exterior
Waterfront No
Building
Lot Description Ample Parking,High Traffic Area,Highway Access,Hospital,Public Transit,Other
Story 1
Sewer Sewer (Municipal)
Water Municipal
New Construction No