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5427 River Road Niagara Falls, Ontario L2E 3H1

6522 sqft
Fully Air Conditioned Other

$1,999,000

Welcome to the ""Niagara Gorgeview Inn"" a Remodeled Purpose Built Waterview Investment Property for the Savvy Investor, looking to break into the lucrative Niagara Hospitality Industry. Just over 4200 SF. of Brand New Living Space. Currently at Electrical Stage. The Main Level features a Guest Lounge with Fireplace and W/O to Front Balcony with Spectacular Views of the Gorge/River plus a 2 Room Conference Area w/ Full Kitchen Facilities and a Wheelchair Accessible Washroom, plus access to the Rear Garden Patio w/BBQ Area. The Upper 2nd & 3rd Floors each have 2 Spacious Double (2 Bedroom, 2 Bath)Suites w/Exterior Balconies off every Bedroom. The Basement is a self contained, 1 Bedroom Apartment suitable for an Owner Operator or additional Rental Income for your Investment. **** EXTRAS **** The Owner is in the process of completing a Full Renovation and working with the City Authorities for Final Designation of House & Business. Closing Date depends on Construction Schedule/Approvals. See Sch \"D\" Approx Closing Late April 2024 (id:48518)

Business

BusinessType Accommodation
BusinessSubType Bed & Breakfast

Property Details

MLS® Number X8079630
Property Type Business
ParkingSpaceTotal 6

Building

Appliances Window Coverings
CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Other
SizeExterior 6522 Sqft
SizeInterior 6522 Sqft
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 130 Ft
SizeFrontage 50 Ft
SizeIrregular Bldg=50 X 130 Ft ; Currently Under Renovation
SizeTotalText Bldg=50 X 130 Ft ; Currently Under Renovation
ZoningDescription Commercial / Residential

https://www.realtor.ca/real-estate/26531958/5427-river-road-niagara-falls

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Michael Joseph Macchesney
Salesperson


Keller Williams Referred Urban Realty
156 Duncan Mill Rd Unit 1
Toronto, Ontario M3B 3N2

Angela Denise Kett
Salesperson


Keller Williams Referred Urban Realty
156 Duncan Mill Rd Unit 1
Toronto, Ontario M3B 3N2