ON > Fort Erie
Fort Erie, ON L0S 1B0,122 Ridgeway RD
Fort Erie, ON L0S 1B0,122 Ridgeway RD
Fort Erie, ON L0S 1B0,122 Ridgeway RD
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$3,785,000
Est. payment /mo
1 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $3,785,000

MLS Listing ID X11937454

Building Age 31-50

Annual Tax Amount $17,356

Tax Year 2024

Property Sub-Type Investment

Lot Depth 233.6

Lot Front 300.83

Property Description

A rare, lifetime opportunity to preserve the past or develop for the future. Approx. 2 acre corner lot minutes to the famous Crystal Beach and historic downtown Ridgeway. The existing motel, has 20 rooms including 2 kitchenettes, a separate manager's suite, laundry area, outdoor firepits and seating.If your dream is to develop, zoning is R-1M, which allows medium density, up to 4 story builds. The lot can accommodate 70 to 100 (stacked) townhouses, condos or apartments. Buyer is responsible for all city planning and development requirements. The prime land offers a perfect canvas to bring to life a vibrant residential development in the prime Crystal Beach community. **EXTRAS** Absolutely a opportunity for all developers. The area is influenced by future developments.

Location

Province ON

County Niagara

Area Niagara

Zoning Commercial

Interior

Cooling Yes

Inclusions List of chattels, furniture.

Exterior

Community Features Recreation/Community Centre

Utilities Available Yes

Lot Frontage 300.83

Lot Depth 233.6

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Listed by RE/MAX REALTY SPECIALISTS INC.

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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