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5234 Ferry Street Niagara Falls, Ontario L2G 1R5

2 ac
Fully Air Conditioned

$30,000,000

Intercity Realty Inc. is thrilled to present an outstanding property with immense potential for high-density residential development, strategically located in the bustling Tourist Core of Niagara Falls, at the intersection of Ferry Street and Clark Avenue. This remarkable property comprises a 4-storey 80-room hotel & a 2-storey 40-room motel, the renowned Hooters restaurant and various other rental income opportunities. Currently, a mixed-use development proposal featuring two 30-storey towers with a 4-storey commercial/parking podium has been submitted to the City. Spanning over 2+ acres across 4 land parcels, this property offers substantial room for future expansion and enhancement. Reach out to Intercity Realty Inc. today to seize this exceptional opportunity in the heart of Niagara Fall's vibrant tourism district. **** EXTRAS **** Environmental and study reports available upon request, Property measurements and tax details are pending confirmation. B/B's agent to conduct due diligence, verify all measurements & info. (id:49269)

Property Details

MLS® Number X8342806
Property Type Retail
Features Elevator

Building

Cooling Type Fully Air Conditioned
Size Interior 2 Ac
Utility Water Municipal Water

Land

Acreage No
Size Irregular 1.15 Ft ; Irregular Lot
Size Total Text 1.15 Ft ; Irregular Lot

https://www.realtor.ca/real-estate/26900858/5234-ferry-street-niagara-falls

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