$2,200,000
Available - For Sale
Listing ID: X11964648
300-304 Ridge Road North , Fort Erie, L0S 1N0, Niagara
| 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. |
| Price | $2,200,000 |
| Taxes: | $7683.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 300-304 Ridge Road North , Fort Erie, L0S 1N0, Niagara |
| Postal Code: | L0S 1N0 |
| Province/State: | Niagara |
| Legal Description: | PT LT 8 E/S RIDGE RD PL 349 VILLAGE OF R |
| Directions/Cross Streets: | Ridge Rd N & Hibbard |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 4840.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit |
| Franchise: | F |
| Sprinklers: | No |
| Washrooms: | 6 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| REVEL Realty Inc., Brokerage |
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Niagara |
| Municipality: | Fort Erie |
| Neighbourhood: | 335 - Ridgeway |
| Tax: | $7,683 |
| Baths: | 6 |
| Fireplace: | N |
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