5703 THOROLD STONE Road, Niagara Falls, L2J 1A1

$1,399,900

DESCRIPTION

GREAT OPPORTUNITY AND GREAT PRICE TO OWN A MOTEL IN CITY OF NIAGARA FALLS. MOTEL COME WITH 41 UNITS. LIST OF RECENT UPGRADES: NEW PLUMBING IN 2017; ELECTRICAL WIRING REDONE UP TO ESA STANDARD 2018; NEW DEVICE AND EQUIPMENT REPLACED TO BE COMPLIANCE WITH FIRE CODE 2018; COMPLETE RENOVATION IN FRONT OFFICE 2018; ADT ALARM SYSTEM INSTALLED 2018; 30 UNITS REFINISHED WITH NEW FLOOR AND PAINT IN 2017; EXTERIOR LIGHTING FISTURE 2017; HIGH-SPEED WIFI SERVICE UPGRADE SET UP 2017; NEW FENCE INSTALLED IN 2017; NEW VIDEO SURVEILLANCE SYSTEM 2016. GREAT LOCATION WITH 5 MINS DRIVE TO FALLS, CASINO, TOUR AREA AND US BORDER/ RAINBOW BRIDGE. GREAT OPPORTUNITY FOR THE INVESTOR,FIRST TIME BUYER OR OWNER OPERATOR. NICE FRONT DESK AREA, BREAKFAST AREA, KITCHEN AND LAUNDRY. CURRENTLY OPERATED AS MOTEL AND THE PRICE INCLUDE THE RIGHT TO USE EXISTING TRADE NAME AS NIAGARA INN. ***VENDOR TAKE BACK AVAILABLE FOR QUALIFIED BUYER UPON 50% OR MORE DOWNPAYMENT!***

DETAILS

MLS NUMBER 30674144
PROPERTY TYPE Other
SEWER / SEPTIC Sanitary sewer
HEATING Baseboard heaters
COOLING Air Conditioned
TOTAL PARKING 60
ATTACHED GARAGE No

AGENT DETAIL

Siyuan (Emily) Ye Fraser

Siyuan (Emily) Ye Fraser
Sales Representative
E: emilyye@revelrealty.ca
C : 905-321-6071

BOOK AN
APPOINTMENT

LOCATION