See all 33 photos
33 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Greg Sykes • RE/MAX Niagara Realty Ltd.
$4,995,000
Est. payment /mo
10,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building and Land
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $499
MLS Listing ID 40833413
Abv Grd Liv Area 10,000
Annual Tax Amount $44,180
Property Sub-Type Building and Land
Source Cornerstone
Property Description
SELLER FINANCING AVAILABLE. ($3M DOWN & OWNER WILL FINANCE $3M OVER TWO YEARS) - CITY GRANTS AVAILABLE! Development happening all around this property! CLICK MORE PHOTOS & BROCHURE below to view the INTEREST FREE CITY LOAN INCENTIVES INFO. Proposed 20 storey building across the street! This property has been used for movies/TV show filming locations, providing income to the owner! Additionally, its prime QUEEN ST location offers unparalleled visibility and potential for a 30+storey building. This exceptional offering includes not just the hotel but also a separate 5 bed, 4 bath home on the same lot, perfect for an owners residence, a property manager, or added value as an Airbnb. It also has the potential to be subdivided. This is a rare opportunity to develop a versatile property in one of the most renowned destinations, just steps from Niagara Falls. Situated on 0.93acres of prime land (40,762 sqft),this property boasts stunning river views and proximity to key regional landmarks, making it an ideal location for commercial ventures.The existing infrastructure includes 33 operational hotel rooms and an attached 5-bedroom, 4-bathroom house, with functional systems. The property also features an inground pool and full laundry facility. With potential for expansion, there is an opportunity to construct a hotel with 33-37 FLOORS in this high-traffic tourist area. Located just a 30-second walk to the GO station and Whirlpool Bridge, the property ensures prime access for tourists and visitors. Additionally, it is zoned for a wide variety of uses, including art galleries, assembly halls, restaurants, retail stores, hotels, motels, parking lots, recreational uses, and much more, making it a prime candidate for development. With its flexible zoning and prime location, attracting millions of visitors each year, this property presents an unparalleled opportunity to capitalize on Niagara Falls thriving tourism industry. More info in Supplements (70655495
Location
Province ON
County Niagara
Area Niagara Falls
Zoning CB
Direction QUEEN - RIVER RD - PARK - CATARACT
Rooms
Basement None
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 127.87
Lot Depth 281.9
Garage No
Building
Lot Description Irregular Lot, Other
Faces QUEEN - RIVER RD - PARK - CATARACT
Story 2
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 644450034
Ownership Freehold/None
Virtual Tour https://www.youtube.com/watch?v=iErVqnkC468
Read Less Info
Copyright 2026 Information Technology Systems Ontario, Inc.
Nearby Locations