5544 Mcleod Rd

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5544 Mcleod Rd, Niagara Falls
Accommodation
CATEGORY
1.30 Acres
TOTAL AREA
X4253539
MLSID
Contact Us
Property Description
Niagara Falls Redevelopment Site at The Corner Of Stanley & Mcleod. Attention Hotel, Hi Rise -Mid-Rise Residential & Commercial Retail PAD/Spa Developers. Op/Zoning Permits a Wide Range Of TOURISTRETAIL Uses. Two Parcels Of Land. Existing Motel Is Not Operating but could be put back in use. High Rise Mixed Use Project Design Concept illustrates a 22 Floor 250,000 square foot Condo or Purpose Built Rental Mixed Use Project comprising 245 residential units plus commercial space representing 12,000+ square feet. Project is located in South end of the Hotel Tourism Corridor near other proposed developpments. Interim Lease Uses incl. spa will be considered. Property Being Sold On An "As Is, Where Is" Basis. Legal Description For 2nd Lot: Lt J Maher Pl 4 Pt Lt 2, Rl4 As In R0640349 Except Pt 3 59R118 502 & Pt4 On 59R11974, Niagara Falls. List Price exclusive of HST. HST is a Buyer Expense.
Extras
Per./Topo Survey, Geotech Stdy. Phase 1+2 ESA & Record Of Site Condition Docs Available. Proposed Architectural Design Concept By Zeidler Partnership Architect is not Approved. Development App. close to filing stage. Buyer future expense.
Property Details
Category
Accommodation
Usage
Hotel/Motel/Inn
Zoning
Tourist Commercial
Total Area
1.30 Acres
Lot Size
297' x 208'
Taxes
$43,499 (2022)
Parking Spaces
23
Washrooms
23
Listing contracted with Harvey Kalles Real Estate Ltd., Brokerage
Similar Listings
5544 Mcleod Rd, Niagara Falls
Accommodation
$7,900,000
FOR SALE
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.
7104 Lundys Lane, Niagara Falls
Accommodation
$6,000,000
FOR SALE
This is one of the most reputable Motel & Dining establishment on Lundy's Lane in Niagara Falls. Only minutes away from one of the seven wonders of the world, casinos, shopping and 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 & 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 Restaurant serving Breakfast/Lunch/Dinner, 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, as well as 21 individual cottages on the back of the property with en-suite bathrooms, 2 double beds and private parking.
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