Niagara Falls Hotel Development 128 Rooms Niagara Falls

Asking Price: $680,000

  • Location: Niagara Falls, New York Niagara Falls New York United States

Whirlpool Hotel Development Site 128 Rooms - Niagara Falls USA

$680,000

Address: 2600 Whirlpool Street, Niagara Falls, NY 14301
Best Western, Ramada, Super 8, Food Court, more flats available...


2.55 Acres Prime Hotel Development Site by Niagara River directly over look Canada and Niagara Falls. Whirlpool Street by Bellevue Avenue Land 350" x 290" and 2 Story Concrete Building 60,000 SF.

2.55 Acres of Beautiful River Site Lot Only 2 Miles or 3 Minutes from Niagara Falls USA State Park. The 60,000 SF 2 Story brick building behind large graded parking lot in front of it. Facing directly at Canada, view of Niagara Falls. On the right hand side the Whirlpool State Park, to the left the Whirlpool Bridge to Canada and 2016 upcoming International Amtrak Train Station.

This Offer is for a Development Site at Current "AS IS" Condition, 128 rooms hotel rooms conversion is projected, may build 200-300 room with new building. Price Offer is for LAND VALUE ONLY.

This 2.55 Acres Riverside Lot is ideal New Hotel/Motel Development Project or the existing 60,000SF concrete building is a low cost Hotel/Motel Conversion Project, over $3.0M structural cost savings.

Studio Apartments for Condo sales or rental income, a total of 80 to 128 units of Studio can be constructed, 40' x 100' inside courtyard is a beautiful opening for sunlight and windows, suitable for Hotel rooms or Studio Apartments, or college dormitory for strong rental income, Niagara University is 5 minutes or 3 miles away.

Development Grants available from New York Empire State Development Agency - USA Niagara, and Economic Development Department of City of Niagara Falls, Casino Funds dedicated for redevelopment of City of Niagara Falls.

Historic tax credit of $1.0M from New York State for restore an old building to operating business functions, the tax credit can be sold for cash at a discount.

Amtrak Train Station at Main Street & Whirlpool Street by Bath Ave, Coming 2016
Holiday Inn Express, 10111 Niagara Falls Blvd, 2012
Hampton Inn, 6501 Niagara Falls Blvd, 2014
La Quinta Inn, 6335 Niagara Falls Blvd, 2015

Real Estate Broker/Hotel Broker is offer 4% Commission.


Units: 128

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