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$ 2,200,000
Est. payment /mo
Active
300-304 Ridge RD N #1-5 Fort Erie, ON L0S 1N0
6 Baths
4,840 SqFt
UPDATED:
02/10/2025 04:38 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 4,840 sqft
Price per Sqft $454
Subdivision 335 - Ridgeway
MLS Listing ID X11964648
Annual Tax Amount $7,683
Tax Year 2024
Property Sub-Type Investment
Property Description
Discover the potential of 300-304 Ridge Rd N, Ridgeway strategically situated in the vibrant downtown core of the growing Ridgeway community. This impressive property features five (5) residential units and three (3) commercial units, generating an annual gross income of $130K. Included in this offering is Ice Cream Alley, a well-established business operated by the owners, which can be purchased alongside the building, providing additional revenue opportunities. The property sits on half an acre of land, allowing for future development possibilities, such as building more units in the back. Additionally, the property boasts a second access point on Hibbard Street, enhancing accessibility and convenience. Its prime location ensures a strong customer base and high demand for both residential and commercial spaces, making this investment ideal for those looking to expand their portfolio or enter the market. Seize this opportunity to invest in a property with significant growth potential in a thriving community. Contact us today for more information!
Location
Province ON
County Niagara
Community 335 - Ridgeway
Area Niagara
Zoning C2
Interior
Cooling Yes
Inclusions 4 Fridges, 5 stoves, 4 dishwashers, 2 kitchen islands, 1 coffee island
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 74.25
Lot Depth 295.86
Others
Security Features No
Listed by REVEL Realty Inc., Brokerage