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$ 6,000,000
Est. payment /mo
Active
7104 LUNDYS LANE Niagara Falls (216 - Dorchester), ON L2G1W2
2 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2 sqft
Price per Sqft $3,000,000
Subdivision 216 - Dorchester
MLS® Listing ID X11543391
Originating Board Niagara Association of REALTORS®
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. (id:24570)
Location
Province ON
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by REVEL Realty Inc., Brokerage