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Niagara Falls, ON L2G 1W2,7104 Lundys LN
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Niagara Falls, ON L2G 1W2,7104 Lundys LN
Niagara Falls, ON L2G 1W2,7104 Lundys LN
Niagara Falls, ON L2G 1W2,7104 Lundys LN
Niagara Falls, ON L2G 1W2,7104 Lundys LN
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 6,000,000
Est. payment /mo
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Pending

7104 Lundys LN Niagara Falls, ON L2G 1W2

2 SqFt

UPDATED:

12/09/2024 06:56 PM

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Pending

Purchase Type For Sale

Square Footage 2 sqft

Price per Sqft $3,000,000

MLS Listing ID X11543391

Annual Tax Amount $72,639

Tax Year 2024

Property Description

LOCATION, REPUTATION, LOCATION!!! This is one of the most reputable Motel and Dining establishment on Lundy's Lane in Niagara Falls. Only minutes away from one of the seven wonders of the world, casinos, shopping and the 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 and 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 Breakfast/Lunch Restaurant, 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, featuring en-suite bathrooms, A/C and 2 double beds. There are 21 individual cottages on the back of the property featuring en-suite bathrooms, 2 double beds and private parking, ideal for long-term rentals during conventions and local events. This property gives many opportunities to its new owners with many different revenue possibilities.

Location

Province ON

County Niagara

Community 216 - Dorchester

Area Niagara

Zoning TC

Region 216 - Dorchester

City Region 216 - Dorchester

Interior

Cooling Yes

Listed by REVEL Realty Inc., Brokerage
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7104 Lundys LN