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5544 MCLEOD ROAD, NIAGARA FALLS
2024-02-11
Quick Summary
- Location
- 5544 MCLEOD ROAD, NIAGARA FALLS, Ontario L2G3E3
- Price
- $6,975,000
- Status:
- For Sale
- Property Type:
- Business
- Area:
- 9075ft2
MLS®#X8060196
Property Description
Harvey Kalles Real Estate Ltd., Brokerage & High Point Realty Limited are pleased to present a prominent gateway motel property with mid-to-high density residential development potential. Located in the Tourist Core of Niagara Falls at the corner of Stanley Ave & McLeod Rd, between Marineland and the hotel-entertainment core, the existing non-operating 2 storey motel, in need of rejuvenation, contains 23 motel units and has a 3-bedroom office/residence. In-place zoning permits a range of Tourist Commercial Uses. A mixed-use development concept by Zeidler Partnership Architects for 245 res units/22 floors with podium retail commercial has been presented to the City. The site provides a unique opportunity to pursue a mid-rise or high-rise rezoning for greater heights or to restore/expand the existing model. As is where is sale. **** EXTRAS **** 1.5+/- acres site consists of 2 land parcels.Survey, Geotech, Phase 1, 2 & Record of Site Condition reports are avail.HST is in addition to list price & sole responsibility & expense of the Buyer.Property Tax amt subject to confirmation. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Public Transit
Building
- Fireplace: No
- Interior Size: 9075 sqft
- Utility Water: Municipal water
Land
- Land Size: 297.41 x 207.8 FT ; Irregular -Two Parcels
Zoning
- Description: Tourist Commercial
Information entered by HARVEY KALLES REAL ESTATE LTD.
Listing information last updated on: 2024-09-04 03:52:42
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