5427 River Rd
Niagara Falls, L2E3H1
For Sale
$2,499,000
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Accommodation
CATEGORY6,522 Sq Ft
TOTAL AREAX8079630
MLSIDContact Us
Property Description
Welcome to the "Niagara Gorgeview Inn" a Remodeled Purpose Built Waterview Investment Property for the Savvy Investor, looking to break into the lucrative Niagara Hospitality Industry. Just over 4200 SF. of Brand New Living Space. Currently at Electrical Stage. The Main Level features a Guest Lounge with Fireplace and W/O to Front Balcony with Spectacular Views of the Gorge/River plus a 2 Room Conference Area w/ Full Kitchen Facilities and a Wheelchair Accessible Washroom, plus access to the Rear Garden Patio w/BBQ Area. The Upper 2nd & 3rd Floors each have 2 Spacious Double (2 Bedroom, 2 Bath)Suites w/Exterior Balconies off every Bedroom. The Basement is a self contained, 1 Bedroom Apartment suitable for an Owner Operator or additional Rental Income for your Investment.
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Extras
The Owner is in the process of completing a Full Renovation and working with the City Authorities for Final Designation of House & Business. Closing Date depends on Construction Schedule/Approvals. See Sch "D" Approx Closing Late April 2024
Property Details
Category
Accommodation
Usage
Bed & Breakfast
Zoning
Commercial & Residential
Total Area
6,522 Sq Ft
Office/Apartment Area
4,199 Sq Ft
Lot Size
50' x 130'
Taxes
$3,475 (2023)
Parking Spaces
6
Air Conditioning
Yes
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Listing contracted with Keller Williams Referred Urban Realty
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