$6,000,000
( $61.77Per Sq Foot )
 $32,209 est/mo Sourced by Back At You

7104 Lundys Ln , Niagara Falls, ON L2G

Niagara Falls, ON L2G

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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.

Details

MLS#X11543391
Listing TypeFor Sale
Sub-TypeResale
StatusSold Conditional
Days On Site51
Listing Provided ByREVEL Realty Inc., Brokerage | Not Provided

Features

SQ Feet97,138
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 1 hour ago
StateON
CountyNiagara
CityNiagara Falls
Zip CodeL2G
Area216 Dorchester
Listing VS Median (in L2G)
Price:
$6,000,000
low | high
Med:
$699,900
100% of Average
SqFt:
97,138
low | high
Med:
1,315
100% of Average
$ / SqFt:
$62
low | high
Med:
$532
100% of Average
On Site:
51
low | high
Med:
9.000000
100% of Average
Sourced by Back At You
Listing Updated: December 21, 2024 at 7:29:01 PM PST