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. For more information or to schedule a viewing, contact us today! DO NOT WALK THE PROPERTY WITHOUT CONTACTING THE LISTING AGENT. HOUSE BEHND HOTEL INCLUDED. (id:55598)
- ON
- Niagara Falls
- L2E3M3
- 4625 CATARACT Avenue
- MLS® 40649232
- Date Listed09/18/2024
- Days on Realty 48 Days
- Bedrooms -
- Bathrooms
- Lot Size -
- Sewer Public Sewer
- Property Type Other
- Water Public
- Square Feet 10,000 sq. ft
- Price Per Sq. Ft $1200
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Public • PK - 8
32.19 km
Distance
St. Patrick Catholic Elementary School
Public • PK - 8
32.19 km
Distance
Public • PK - 8
32.19 km
Distance
St. Mary Catholic Elementary School
Public • PK - 8
32.19 km
Distance
École élémentaire catholique Saint-Antoine
Public • PK - 8
32.19 km
Distance
Public • PK - 5
32.19 km
Distance
Public • PK - 8
32.19 km
Distance
St. Gabriel Lalemant Catholic Elementary School
Public • PK - 8
32.19 km
Distance
Public • PK - 8
32.19 km
Distance
Cherrywood Acres Public School
Public • PK - 8
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Saint Paul Catholic High School
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Saint Michael Catholic High School
Public • 9 - 12
32.19 km
Distance
Father Hennepin Catholic Elementary School
Private • PK - 8
20 km
Distance
Sales & Tax History
Source: Public Records
Street Address | Beds | Baths | Sold Date | List Price |
---|---|---|---|---|
4138 Acheson Avenue | 3 | 2 | Oct 07, 2024 | $549,900 |
5737 Mcgrail Avenue, Niagara Falls ON L2G 3R4 | 0 | 1 | Oct 30, 2024 | $999,999 |
5729 Mcgrail Avenue, Niagara Falls ON L2G 3R4 | 5 | 3 | Oct 30, 2024 | $1,100,000 |
5397 Elm Street, Niagara Falls ON L2E 2V5 | 4 | 2 | Oct 07, 2024 | $519,000 |
4556 Simcoe Street | 4 | 2 | Oct 26, 2024 | $459,000 |
4846 Fourth Avenue, Niagara Falls ON L2E 4P1 | 3 | 2 | Nov 01, 2024 | $579,900 |
4846 FOURTH Avenue | 3 | 2 | Nov 02, 2024 | $579,900 |
4999 MAPLE Street | 4 | 1 | Oct 06, 2024 | $589,000 |
4671 Eastwood Crescent, Niagara Falls ON L2E 1B4 | 7 | 4 | Oct 29, 2024 | $579,000 |
4671 EASTWOOD Crescent | 7 | 4 | Oct 30, 2024 | $579,000 |
58/100
Somewhat Walkable
Walk Score ®
47/100
Some Transit
Transit Score ®
48/100
Bikable
Bike Score ®
Overview
Some errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.Transit Summary
14 nearby routes: 12 bus, 2 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 38/100, Transit Score: 22/100, Bike Score: 45/100.
Points of interest near 4625 CATARACT Avenue, Niagara Falls, ON L2E3M3
138 m
Distance
186 m
Distance
206 m
Distance
235 m
Distance
235 m
Distance
Happiness Inn, Niagara Falls, ON, Canada
Accommodation
20 m
Distance
Riverview Motel, Niagara Falls, ON, Canada
Accommodation
79 m
Distance
Parkway Motel, Niagara Falls, ON, Canada
Accommodation
94 m
Distance
Henri’s Motel, Niagara Falls, ON, Canada
Accommodation
112 m
Distance
164 m
Distance
Third Space Cafe, Niagara Falls, ON, Canada
Food Retail
271 m
Distance
IHOP, Niagara Falls, ON, Canada
Food • Retail Nightlife
354 m
Distance
264 m
Distance
IHOP, Niagara Falls, ON, Canada
Food • Retail Nightlife
354 m
Distance
Third Space Cafe, Niagara Falls, ON, Canada
Food Retail
271 m
Distance
IHOP, Niagara Falls, ON, Canada
Food • Retail Nightlife
354 m
Distance
249 m
Distance
258 m
Distance
97 m
Distance
129 m
Distance
241 m
Distance
296 m
Distance
359 m
Distance
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Similar Priced Comparison
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$12,000,000 Active
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4625 Cataract Avenue, Niagara Falls ON L2E 3M3
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- Unknown size
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Frequently Asked Questions for 4625 CATARACT Avenue
Source: Realty.com
4625 CATARACT Avenue, Niagara Falls, ON L2E3M3 is a Other, Commercial Sale property listed for $12,000,000 The property is 10000 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 31 photos of 4625 CATARACT Avenue.
The full address for this home is 4625 CATARACT Avenue, Niagara Falls, ON L2E3M3.
4625 CATARACT Avenue has been listed on Realty.com since Wed September 18, 2024
Some errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 38/100, Transit Score: 22/100, Bike Score: 45/100.
Listing provided courtesy of:
RE/MAX NIAGARA REALTY LTD, BROKERAGE
(tel: (905) 687-9600)
Listing agent:
GREG SYKES
(tel: (905) 329-3484)
This content last refreshed on 2024-11-05 15:21:21. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 4625 CATARACT Avenue, Niagara Falls, ON L2E3M3 : MLS® 40649232