For Sale | Retail / Hospitality Land
QEW and McLeod Road, Niagara Falls, ON Canada
$5,500,000
Price
5.2751 acres
Lot Area
TC-H Tourist Commercial Holding
Zoning
Overview
Description
LOCATION
Located on the first block south of the QEW Highway and a 5-minute drive to the Niagara Falls tourist epicenter, the Northwest Corner of McLeod Road and Oakwood Drive provides a high traffic retail/hospitality development opportunity in an active retail node.
Situated in direct proximity to RioCan’s Niagara Square retail mall (currently slated for massive redevelopment and growth), and in a node undergoing massive residential growth, demand for national and regional retail and hospitality services is quickly on the rise. The new South Niagara Hospital is slated to be positioned in direct proximity of this site (at the corner of Montrose and Biggar Roads), further stimulating demand in this trade area.
LONG TERM LAND LEASE: $12,000.00 per month NET
CURRENT USE: Greenfield site. Land has never been developed or built upon.
OFFICIAL PLAN DESIGNATION: Tourist Commercial
SIZE: ±5.2751 acres contained on two separate parcels of land. ±307.02 ft. x 460.10 ft. (irregular)
LEGAL DESCRIPTION: (1) Part Lots 2, 3 & 4; Plan 228; Part Stamford Lot 171 being All Part 1; RP59R-12482 (PIN 64360-0443).
(2) Part Lots 1, 2 & 3 Plan 228; Part Twp Lot 171 being All Part 2; RP59R-13482; Save & Except for All Part 1; RP59R-14290, Niagara Falls (PIN 64360-0448).
Documents
Title | ||
---|---|---|
Offering Memorandum
|