5306 Victoria Avenue Niagara Falls, Ontario L2E 4E8

12,000 sqft
Fully Air Conditioned Forced Air

$4,900,000

Prime Niagara Falls Investment Opportunity! Exceptional location at 5306 Victoria Ave., within walking distance to the Falls, Clifton Hill, Casino Niagara and major tourist attractions. Excellent access to Highway 420 and the QEW.Property features 16 fully furnished and renovated hotel rooms, currently operating as short-term rentals. Approximately 6,000 sq. ft. of restaurant space with two kitchens; approximately half is currently leased, with the remaining space available for an owner-user or additional tenant.Also includes a 4-bedroom upper-level apartment and a 1-bedroom basement apartment, both tenant-occupied and with separate entrances. Ample on-site parking adds significant value in this high-demand tourist area.A versatile property offering multiple income streams and excellent potential for investors, hospitality operators and owner-users. Rare opportunity to own a substantial income-producing property in a premium Niagara Falls location. (id:49269)

Business

Business Type Accommodation
Business Sub Type Motel

Property Details

MLS® Number X13837422
Property Type Business
Community Name 211 - Cherrywood
Amenities Near By Highway, Public Transit
Equipment Type Water Heater
Rental Equipment Type Water Heater

Building

Age 51 To 99 Years
Appliances Furniture
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 12,000 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway, Public Transit
Sewer Sanitary Sewer
Size Depth 122 Ft ,4 In
Size Frontage 134 Ft ,3 In
Size Irregular 134.27 X 122.35 Ft
Size Total Text 134.27 X 122.35 Ft
Zoning Description Gc

https://www.realtor.ca/real-estate/30337994/5306-victoria-avenue-niagara-falls-cherrywood-211-cherrywood

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