5544 Mcleod Rd
Niagara Falls, L2G3E3
For Sale
$7,900,000
➧
➧
Accommodation
CATEGORY9,075 Sq Ft
TOTAL AREAX8060196
MLSIDContact Us
Property Description
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.
Call
Extras
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.
Property Details
Category
Accommodation
Usage
Hotel/Motel/Inn
Zoning
Tourist Commercial
Total Area
9,075 Sq Ft
Office/Apartment Area
1,600 Sq Ft
Retail Area
7,475 Sq Ft
Lot Size
297' x 208'
Taxes
$42,285 (2023)
Parking Spaces
23
Call
Listing contracted with Harvey Kalles Real Estate Ltd.
Call