314 Ridge Road North, Fort Erie | Image 1

314 Ridge Road North

Fort Erie

  • Commercial

$XXX,XXX
For Sale

Added 2 months ago

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  • Type: Store W/Apt/Office

  • Property Type: Commercial

  • Zoning: CMU4

  • Age: No Data

  • Taxes: 5476.81

  • MLS®#: X8111716

  • Days on Site: 36 Days

  • Added: Mar 01, 2024 (2 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: RE/MAX NIAGARA TEAM ZING REALTY

Amazing commercial & residential building in the heart of Downtown Ridgeway! The main floor commercial unit features about 500sq ft of well-kept retail space with large front windows and a fireplace plus an office/kitchenette/storage room, changeroom, 2pc washroom and back entrance. The facade of the building has character with the covered entrance and front porch. Upstairs in the updated residential unit, there are two bedrooms, one spacious 5pc bathroom, living room, kitchen and a nice balcony off the back. At the ground level residential entrance, the back porch has a gas BBQ hook-up. In the parking lot behind the building are 5 spaces for vehicles. Commercial and residential tenants are both willing to stay. Income opportunities with an approximate rental income of $41,000 per year. Downtown Ridgeway is a quaint but busy core neighbourhood with shops, restaurants, services, seasonal events and a Farmer's Market every Saturday from mid-May to mid-October

Property

  • Status: Sale

  • Property Type: Store W/Apt/Office

  • Property Type: Store With Apt/Office

  • Area: Fort Erie

  • Availability Date: Immediate

  • Assessment Amount: $160,000

  • Assessment Year: 2023

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 5

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 2 PL 394 VILLAGE OF RIDGEWAY BEING PTS 1 & 2 ON 59R14266 T

  • Taxes: $5,477

  • Taxes Type: Annual

Land

  • Cross Street: Cutler St

  • Municipality District: Fort Erie

  • Parcel Number: 050830016

  • Lot Depth: 137 Feet

  • Lot Frontage: 23 Feet

  • Zoning: CMU4

Commercial Specific

  • Retail Area: 500

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 2074

  • Total Area Metric: Sq Ft

  • Office Size: 1100

  • Office Size Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Lot Code: Building

JK-8

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St Joseph Catholic Elementary School

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St Philomena Catholic Elementary School

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Stevensville Public School

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Garrison Road Public School

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9-12

Greater Fort Erie Secondary School

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École secondaire Confédération

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For Sale
3 months ago
$625,000
  • 0 bath
  • 0 bed

4060 Erie Road, Fort Erie, Ontario • L0S 1B0 • Fort Erie

For Sale
3 months ago
$559,900
  • 1 bath
  • 0 bed

3970 Erie Road, Fort Erie, Ontario • L0S 1B0 • Fort Erie