$ 12.000.000

4625 Cataract Avenue, Niagara Falls

  • Living area: 10000 square feet
  • Type: Commercial
  • Added: 1 day ago
  • Updated: 1 days ago
  • Last Checked: 6 hours ago
Rare opportunity to develop a versatile property in one of the worlds 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. DO NOT WALK THE PROPERTY WITHOUT CONTACTING THE LISTING AGENT. HOUSE BEHND HOTEL INCLUDED. (id:1945)

Property DetailsKey information about 4625 Cataract Avenue

  • Heating: Radiant heat
  • Building Area Total: 10000
  • Size: 0.93 acres
  • Square Footage: 40,762 square feet
  • Existing Hotel Rooms: 33
  • Attached House Bedrooms: 4

Interior FeaturesDiscover the interior design and amenities

  • Living Area: 10000
  • Plumbing: Functional
  • Electrical: Functional
  • Heating System: Baseboard heating

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 4625 Cataract Avenue

  • Water Source: Municipal water
  • Lot Size Dimensions: Bldg=127.87 x 281.9 FT
  • Views: Stunning river views
  • Inground Pool: Yes
  • Laundry Facility: Full laundry facility

Location & CommunityUnderstand the neighborhood and community

  • Directions: RIVER RD - PARK - CATARACT
  • Proximity To Landmarks: Steps from Niagara Falls
  • Access To Public Transport: 30-second walk to GO Station and Whirlpool Bridge
  • Tourist Traffic: High traffic tourist area

Business & Leasing InformationCheck business and leasing options available at 4625 Cataract Avenue

  • Development Potential: Potential for expansion to 33-37 hotel rooms or new commercial ventures

Property Management & AssociationFind out management and association details

  • Zoning: Flexible zoning
  • Permitted Uses: 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

Utilities & SystemsReview utilities and system installations

  • Plumbing: Functional
  • Electrical: Functional
  • Heating: Baseboard heating

Tax & Legal InformationGet tax and legal details applicable to 4625 Cataract Avenue

  • Tax Annual Amount: 40680
  • Zoning Description: CB
  • Contact Requirement: DO NOT WALK THE PROPERTY WITHOUT CONTACTING THE LISTING AGENT

Additional FeaturesExplore extra features and benefits

  • Included Property: House behind hotel
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More Details?
Greg Sykes
  • Greg Sykes
  • RE/MAX NIAGARA REALTY LTD, BROKERAGE
  • 905-687-9600

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