$3,199,000

About this property

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.

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