Jag Patel
Broker
$3,199,000
Available - For Sale
Listing ID: X13885644
215 GARRISON Road , Fort Erie, L2A 1M6, Niagara
| Renovated 22-unit ensuite motel plus owner living quarters in a prime Fort Erie location, minutes from the Peace Bridge border crossing to Buffalo and approx. 30 km from Niagara Falls. Approx. 12,000 sq. ft. building on a 0.92-acre lot. Over $645k in capital upgrades in last three years: new roof, new heating and cooling in every room, upgraded electrical panel and wiring, new fire alarm system, new boilers and hot water tanks, new flooring, fresh paint throughout, new furniture, perimeter fencing, and a surveillance system with smart locks on all doors.Each of the 22 ensuite rooms features air conditioning, cable TV, fridge, microwave and private bathroom. The property also includes generous owner accommodation (separate owner/manager unit plus a 4-bedroom/2-bathroom suite), approx. 35 parking spaces.Ideal location on Hwy #3 with quick access to the Peace Bridge border crossing into Buffalo, New York, and the scenic Niagara Parkway. Minutes to Old Fort Erie, the Fort Erie Race Track, Lake Erie beaches including Crystal Beach, and championship golf courses. Town approval in place for seasonal student-residence use during the school year, offering added income flexibility. Clean Environmental Site Assessments available from 3 years ago. Rare opportunity to own a turn-key, income-producing motel at the gateway to Buffalo and Niagara. |
| Price | $3,199,000 |
| Taxes: | $18120.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 215 GARRISON Road , Fort Erie, L2A 1M6, Niagara |
| Postal Code: | L2A 1M6 |
| Province/State: | Niagara |
| Legal Description: | LT 90 PL 524 VILLARGE OF FORT ERIE,LT97, |
| Directions/Cross Streets: | From QEW to Center st, and right to Garrison Rd (HWY 3) about 1000Meter on Right side (north) |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Accommodation |
| Use: | Hotel/Motel/Inn |
| Building Percentage: | T |
| Total Area: | 12000.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit |
| Business/Building Name: | HAVEN MOTEL |
| Washrooms: | 23 |
| Outside Storage: | T |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | Yes |
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| REVEL Realty Inc., Brokerage |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
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At a Glance:
| Type: | Com - Investment |
| Area: | Niagara |
| Municipality: | Fort Erie |
| Neighbourhood: | 333 - Lakeshore |
| Tax: | $18,120 |
| Baths: | 23 |
| Fireplace: | N |
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