1-5-300-304 Ridge Road North, Fort Erie | Image 1

1-5-300-304 Ridge Road North

Fort Erie, 335 - Ridgeway

  • Commercial

$2,200,000
For Sale

Added 1 week ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: C2

  • Age: No Data

  • Taxes: 7683

  • MLS®#: X11964648

  • Added: Feb 10, 2025 (1 week ago)

  • Updated:

  • Last Checked: 6 hours ago

  • Listed By: REVEL Realty Inc., Brokerage

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!

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Fort Erie

  • Community: 335 - Ridgeway

  • Availability Date: immediate

Inside

  • Bathrooms: 6

  • Air Conditioning: Y

  • Washrooms: 6

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 8 E/S RIDGE RD PL 349 VILLAGE OF RIDGEWAY; PT LT 23 CON 1

  • Taxes: $7,683

  • Taxes Type: Annual

Land

  • Cross Street: Ridge Rd N & Hibbard

  • Municipality District: Fort Erie

  • Parcel Number: 641910274

  • Lot Depth: 295.86 Feet

  • Lot Frontage: 74.25 Feet

  • Lot Irregularities: IRR

  • Zoning: C2

Commercial Specific

  • Sprinklers: N

  • Total Area: 4840

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Franchise: N

  • Lot Code: Building

JK-8

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