We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss
Home ON St. Catharines - Niagara Niagara Falls Elgin
4625 CATARACT AVENUE
Directions Print
4625 CATARACT AVENUE $12,000,000
$12,000,000
Hide
Favourite

4625 CATARACT AVENUE
Niagara Falls, Ontario L2E3M3

MLS® Number: X9368111

Listing Description

Rare opportunity to develop a versatile property in one of the worlds most renowned destinations, just steps from the breathtaking Niagara Falls. Located on **0.93 acres** of prime land (40,762 square feet), this property offers stunning river views and proximity to key regional landmarks, making it an ideal location for various commercial ventures. **Existing Infrastructure**: 33 operational hotel rooms and an attached 4-bedroom house, with functional plumbing, electrical, and baseboard heating systems. **Potential for Expansion**: Build a hotel with 33-37 rooms in this high-traffic tourist area. Includes an inground pool and full laundry facility. Unmatched Location: Just a 30-second walk to the GO station and Whirlpool Bridge, ensuring prime access for tourists and visitors. **Permitted Uses for the Property Include**: Art Gallery, Assembly Hall, Auctioneering Establishment, Bake Shop, Bank, Trust Company, Credit Union, Currency Exchange, Car Rental Establishment, Truck Rental Establishment, Clinic, Dancing Studio, Day Nursery, Drive-In Restaurant, Dry Cleaning Establishment, Farmers' Market, Funeral Home, Health Centre, Hotel, Laundry, Library, Motel, Museum, Office, Parking Lot, Personal Service Shop, Photographer's Studio, Place Of Entertainment, Place Of Worship, Printing Shop, Public Garage, Mechanical, Private Club, Recreational Uses, Restaurant, Retail Store, Service Shop, Tavern, Animal Clinic. With its **flexible zoning** and a location that attracts millions of visitors each year, this property is a prime candidate for a wide range of development opportunities. Whether you're looking to expand the current hotel, develop retail spaces, or introduce new commercial ventures, this property offers an unparalleled chance to capitalize on Niagara Falls thriving tourism industry. DO NOT WALK THE PROPERTY WITHOUT CONTACTING THE LISTING AGENT. HOUSE BEHND HOTEL INCLUDED. (37042140)

Location Description

RIVER RD - PARK - CATARACT

Property Summary

Property Type
Retail
Land Size
Bldg=127.87 x 281.9 FT
Annual Property Taxes
$40,680
Time on REALTOR.ca
27 days

Building

Heating & Cooling
Heating Type
Radiant heat
Utilities
Water
Municipal water

Measurements

Square Footage
10000 sqft
Exterior Building Size
10000 sqft

Land

Lot Features
Frontage
127 ft ,10 in
Land Depth
281 ft ,10 in
Other Property Information
Zoning Description
CB
Farm Features
Farm Type
Other
Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
Greg Sykes