6499 LUNDYS LANE, Niagara Falls (Hospital)

$2,500,000

For sale: Other

Other at 6499 LUNDYS LANE, Niagara Falls (Hospital)
Property type
Commercial Retail
MLS®
MLS® X12478370
Neighbourhood
215 - Hospital

**For Sale: Prime Commercial Property on Lundy's Lane, Niagara Falls** Unlock the potential of this exceptional commercial property, currently operating as a mechanic service shop. Situated on the most desirable street in Niagara Falls, Lundy's Lane, this property boasts four full bays with 10 x 10 bay doors, 26 feet long, along with a spacious office, making it ideal for a variety of business ventures. The highlight of this property is the **Zoning, (GC) General commercial!!** This zoning allows for a diverse range of businesses or developments. **Developable Footprint:** Approximately 24,000 sq. ft. available, with the potential for a 16,000 sq. ft. footprint for developments up to 12 meters high. **Usage Flexibility:** As of right, you can pursue full commercial or mixed-use commercial/residential options.**Environmental Confidence:** A record of site condition is available and has been diligently maintained with Oakhill Environmental, ensuring peace of mind regarding environmental factors. This property presents a fantastic opportunity, whether you're looking to continue its current use as a mechanic shop or capitalize on the highly sought-after developable site. Don't miss out on this chance to invest in a prime location with endless possibilities!

Sold data

Homes in Niagara Falls (Hospital) — recent sold market

Homes in Niagara Falls (Hospital) took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 56, across 307 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.

The median sale price was $599,000.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 31% of sellers reduced their price before finding a buyer.

Median days to sell
31
Median sale price
$599,000
Sale-to-list ratio
96.8%
Sold above asking
13%

Based on 307 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Niagara Falls (Hospital)

Niagara Falls (Hospital) has 31 Fraser Institute–rated schools (26 elementary and 5 secondary), averaging 7.6/10.

Rated schools
31
Elementary
26
Secondary
5
Average rating
7.6 / 10

Top-rated schools in Niagara Falls (Hospital)

  • Kate S Durdan — elementary, Niagara FallsFraser rating 10.0/10
  • Father Hennepin — elementary, Niagara FallsFraser rating 9.9/10
  • St Vincent de Paul — elementary, Niagara FallsFraser rating 9.9/10
  • Orchard Park — elementary, Niagara FallsFraser rating 9.8/10
  • Simcoe Street — elementary, Niagara FallsFraser rating 9.4/10
  • Heximer Avenue — elementary, Niagara FallsFraser rating 9.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 6499 LUNDYS LANE