Niagara Falls Motel For Sale – Stanley Avenue

Sold

5640 Stanley Ave, Niagara Falls, ON L2G 3X5

$2,500,000.00

Aerial view showing buildings and parking lots in a neighborhood.

A multi-story motel with parked cars along the street in front.

A multi-story building with a covered walkway and a street in the foreground.

Exterior view of a two-story motel with parked cars in front.

Overview

Hospitality Property Type

26,400
SF

Property Description

5640 Stanley Avenue, Niagara Falls

Property Features:
– Leased to operator
– 53 rooms; 2 floors
– Built in 1985
– ±26,400 sq. ft. on ±0.93 acres
– 53 parking spaces
– Outdoor pool
– Natural Gas – 110 volts
– Excellent condition
– Fully renovated in 2010 with $150,000 in improvements
– Additional renovations in 2015 including plumbing, electrical, and washroom upgrades
– Opportunity to redevelop and/or construct on vacant parcel (plaza, gas bar, restaurant, additional hotel tower)