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5544 Mcleod Road
Niagara Falls Niagara Falls L2G 3E3

$12,675,000 /For Sale
Commercial

Main Photo: 5544 Mcleod Road in Niagara Falls: Property for sale : MLS®# X8060196
Photo 1: 5544 Mcleod Road in Niagara Falls: Property for sale : MLS®# X8060196
Photo 2: 5544 Mcleod Road in Niagara Falls: Property for sale : MLS®# X8060196
Photo 3: 5544 Mcleod Road in Niagara Falls: Property for sale : MLS®# X8060196
Photo 4: 5544 Mcleod Road in Niagara Falls: Property for sale : MLS®# X8060196
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X8060196
Bus Major:
Hotel/Motel/Inn
Harvey Kalles Real Estate Ltd., Brokerage & High Point Realty Limited are pleased to present a prominent gateway motel property with mid-to-high density residential development potential. Located in the Tourist Core of Niagara Falls at the corner of Stanley Ave & McLeod Rd, between Marineland and the hotel-entertainment core, the existing non-operating 2 storey motel, in need of rejuvenation, contains 23 motel units and has a 3-bedroom office/residence. In-place zoning permits a range of Tourist Commercial Uses. A mixed-use development concept by Zeidler Partnership Architects for 245 res units/22 floors with podium retail commercial has been presented to the City. The site provides a unique opportunity to pursue a mid-rise or high-rise rezoning for greater heights or to restore/expand the existing model.
Stanley & Marine Land Parkway
643760103
Property Type:
Commercial
Commercial Type:
Investment
Approx. Age:
51-99
Depth:
207'10"
Frontage:
297'5"
Total Area:
9,075 sq. ft.
Office/Apt Area:
1,600 sq. ft.
Industrial Area:
0 sq. ft.
Retail Area:
7,475 sq. ft.
Zoning:
Tourist Commercial
Heating type:
Baseboard
Basement:
Full
Garage:
None
Total Parking Spaces:
23
Lot Irregularities:
Irregular -Two Parcels
Taxes:
$42,285.37 / 2023
Assessment:
$- / -
Utilities:
Y
Water supply:
Municipal
Sewer:
San+Storm
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Air Conditioning:
N
Number of Double Man Shipping Doors:
0
Number of Drive-In Level Shipping Doors:
0
Number of Grade Level Shipping Doors:
0
Number of Truck Level Shipping Doors:
0
Crane:
No
Chattels:
No
Log/Bldg/Unit Code:
Lot
Outside Storage:
No
Percent of Building:
100
Rail:
No
Soil Test:
Yes
Sprinkler system:
No
Survey Available:
Yes
Type Taxes:
Annual
Category:
Accommodation
Major Business Type:
Hotel/Motel/Inn
Financial Statements:
No
Freestanding:
Yes
Date Listed:
Feb 12, 2024
  • Photo 1: 5544 Mcleod Road in Niagara Falls: Property for sale : MLS®# X8060196
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  • Photo 2: 5544 Mcleod Road in Niagara Falls: Property for sale : MLS®# X8060196
    Photo 2 of 4
  • Photo 3: 5544 Mcleod Road in Niagara Falls: Property for sale : MLS®# X8060196
    Photo 3 of 4
  • Photo 4: 5544 Mcleod Road in Niagara Falls: Property for sale : MLS®# X8060196
    Photo 4 of 4
Listed by HARVEY KALLES REAL ESTATE LTD.
Data was last updated July 14, 2024 at 11:55 PM (UTC)
DAVID HARLAND