For Sale

7104 LUNDY'S Lane, Niagara Falls (216 - Dorchester), Ontario L2G1W2

$6,000,000

7104 LUNDY'S Lane, Niagara Falls (216 - Dorchester), Ontario L2G1W2 is For Sale and has a listing price of 6,000,000. The property is located in the neighbourhood. It's been on the website for 87 Days.

  • Business
    Property Type
  • 50
    Parking Spaces
  • MLS ID: X9412456
  • Office Name REVEL Realty Inc., Brokerage
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. (id:43137)

Property Details
  • MLS ID: X9412456
  • Price: $6,000,000
  • Transaction Types: For Sale
  • Ref ID: 27306942
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
08/19/2024 X9412456 $6,000,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Niagara Falls (216 - Dorchester)
  • $927,530 Average List Price
    based on 1 year
  • 11 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change +9.5%
  • 3 Month Change -
  • 6 Month Change -
Walkscore
  • 71 Walk Score
    Very Walkable
  • 38 Transit Score
    Some Transit
  • 61 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    67.65%
  • Commercial
    29.41%
  • Condo
    2.94%
Additional Details
  • Sewers Sanitary Sewer
  • Basement2 Partial
  • Water Municipal Water
  • Total Parking Spaces: 50
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 19/08/2024 00:00:00
  • Zoning Rm4-3
  • Agent Name: Angela Bachert
  • Address Subdivision: 216 - Dorchester
  • Last Updated: 13/11/2024 03:48:32
Open House Dates
  • 1. 16/11/2024 (Start time: 1:00 PM - End time: 4:00 PM)
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