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5544 MCLEOD ROAD Niagara Falls
  • 5544 MCLEOD ROAD Niagara Falls
  • 5544 MCLEOD ROAD Niagara Falls
  • 5544 MCLEOD ROAD Niagara Falls
  • 5544 MCLEOD ROAD Niagara Falls
  • 5544 MCLEOD ROAD Niagara Falls
  • 5544 MCLEOD ROAD Niagara Falls

5544 MCLEOD ROAD, Niagara Falls, Ontario

$6,975,000

  • 9,075 Square Feet

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. (id:23309)

  • Listing ID: X8060196
  • Property Type: Business
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Details

  • Amenities Nearby: Public Transit
  • Parking Spaces: 23
  • Transaction: For sale
  • Zoning Description: Tourist Commercial

Building

  • Fireplace Present: False
  • Heating: Baseboard heaters
  • Size Interior: 9075 sqft
  • Utility Water: Municipal water

Land

  • Amenities: Public Transit
  • Size Frontage: 297 ft ,4 in
  • Size Irregular: 297.41 x 207.8 FT ; Irregular -Two Parcels
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 5544 MCLEOD ROAD in Niagara Falls Ontario. It was last modified on February 11th, 2024. Contact Jason Hughes to schedule a viewing or to discover other Niagara Falls real estate for sale.

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