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$6,975,000
266 Days On Site

5544 MCLEOD ROAD
Niagara Falls, ON L2G3E3

For Sale|Business|Active
0
Beds
0
Full Baths
0
Partial Baths
9,075
SqFt
$769
/SqFt

Built
County:
Call Now: 905-834-6017
Is this the home for you? We can help make it yours.
905-834-6017
5544 MCLEOD ROAD5544 MCLEOD ROAD5544 MCLEOD ROAD5544 MCLEOD ROAD
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Harvey Kalles Real Estate Ltd., Brokerage & High Point Realty Limited are pleased to present a prominent gateway motel property with future 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. Parcels can be purchased separately (Motel Parcel: $4,975,000 / Vacant Land Parcel: $2,000,000) conditional upon Muncipal Technical Severance Consent. Property being sold in an As is Where Is Condition. **** 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:31684)

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Listing Snapshot
Price 
$6,975,000
Days On Site 
266 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,075 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
X8060196
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoPrice changed to $6,975,000
9 months agoListing first seen online
9 months agoListing updated with changes from the MLS®
General Features
Parking Spaces 
23
Property Sub Type 
Business
SqFt Total 
9075
Interior Features
Heating 
Baseboard
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Exterior Features
Frontage 
297 ft ,4 in

Listing courtesy of: PAUL AZZARELLO of HARVEY KALLES REAL ESTATE LTD.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
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