Added 14 hours ago
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Type: Investment
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Property Type: Commercial
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Business Type: Apts-2 To 5 Units
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Zoning: C2
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Age: No Data
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Taxes: 7967.83
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MLS®#: X11933166
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Added: Jan 21, 2025 (14 hours ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: REVEL Realty Inc., Brokerage
Discover the potential of 304 Ridge Rd N, strategically situated in the vibrant downtown core of the growing Ridgeway community. This impressive property features five residential units and three 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
Assessment Amount: $302,000
Assessment Year: 2024
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
Physically Handicapped-Equipped: N
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: $7,968
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
Tangible Property Included: N
Lot Code: Building
Financial Statement: Y
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: PublicÉcole secondaire Confédération
Secondary: PublicFort Erie Secondary School
Secondary: PublicEastdale Secondary School
Secondary: PublicRidgeway-Crystal Beach High School
Secondary: PublicLakeshore Catholic High School
Secondary: Catholic
