Drummond Heights Hostels for Sale

Commercial Real Estate in Drummond Heights available for sale

Hospitality Properties for Sale Within of Drummond Heights

More details for 5544 Mcleod Rd, Niagara Falls, ON - Hospitality for Sale

Mcleod Road Motel - 5544 Mcleod Rd

Niagara Falls, ON L2G 3Y9

Hospitality for Sale
$4,900,000 CAD
5,583 SF

Niagara Falls Hospitality for Sale - Southern GGH

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. 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. Quick service retail is $2,000,000. Motel is $4,975,000.