Axis Realty Brokerage


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5427 River Rd Niagara Falls, Ontario L2E 3H1

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6522 sqft
Fully Air Conditioned

$2,499,000

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:58072)

Business

Business Type Accommodation
Business Sub Type Bed & Breakfast

Property Details

MLS® Number X8079630
Property Type Business
Parking Space Total 6

Building

Cooling Type Fully Air Conditioned
Size Exterior 6522 Sqft
Size Interior 6522 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Irregular Bldg=50 X 130 Ft ; Currently Under Renovation
Size Total Text Bldg=50 X 130 Ft ; Currently Under Renovation

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