Added 1 month ago
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Type: Investment
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Property Type: Commercial
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Zoning: Commercial
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Age: 31-50 years
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Taxes: 17356
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MLS®#: X9047287
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Days on Site: 6 Days
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Added: Jul 19, 2024 (1 month ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: RE/MAX REALTY SPECIALISTS INC.
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.
Property
Status: Sale
Property Type: Investment
Property Type: Accommodation
Age: 31-50
Area: Fort Erie
Availability Date: TBD
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Basement: N
Heat Type: Gas Forced Air Open
Freestanding: Y
Water Supply: Municipal
Physically Handicapped-Equipped: Y
Parking
Garage Type: Double Detached
Covered Parking Spaces: 23
Fees
Tax Year: 2023
Taxes: $17,356
Taxes Type: Annual
Land
Cross Street: Ridgeway/Brewster Ro
Municipality District: Fort Erie
Sewer: Sanitary
Lot Depth: 233.6 Feet
Lot Frontage: 300.83 Feet
Zoning: Commercial
Commercial Specific
Number of Employees: 2
Retail Area: 4700
Retail Area Metric: Sq Ft
Total Area: 1.61
Total Area Metric: Acres
Hours Open: 7 days
Area Influence: Rec Centre
Franchise: N
Tangible Property Included: Y
Lot Code: Lot
Seats: 2
Financial Statement: Y
LLBO: N
John Brant Public School
Elementary: PublicSt Joseph Catholic Elementary School
Elementary: CatholicSt Philomena Catholic Elementary School
Elementary: CatholicSt George Catholic Elementary School
Elementary: CatholicStevensville Public School
Elementary: PublicGarrison Road Public School
Elementary: PublicGreater Fort Erie Secondary School
Secondary: PublicFort Erie Secondary School
Secondary: PublicEastdale Secondary School
Secondary: PublicRidgeway-Crystal Beach High School
Secondary: PublicPort Colborne High School
Secondary: PublicLakeshore Catholic High School
Secondary: Catholic
