314 RIDGE Road North, Fort Erie | Image 1

314 RIDGE Road North

Fort Erie, 335 - Ridgeway

  • Commercial

$XXX,XXX
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Zoning: CMU4

  • Age: No Data

  • Taxes: 6205.75

  • MLS®#: X9420107

  • Days on Site: 30 Days

  • Added: Oct 18, 2024 (1 month ago)

  • Updated:

  • Last Checked: 6 hours ago

  • Listed By: RE/MAX NIAGARA REALTY LTD, BROKERAGE

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: Sale Of Business

  • Property Type: With Property

  • Area: Fort Erie

  • Community: 335 - Ridgeway

  • Availability Date: Immediate

  • Assessment Amount: $174,000

  • Assessment Year: 2024

Building

  • Basement: Y

  • Water Supply: Municipal

Fees

  • Tax Year: 2024

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

  • Taxes: $6,206

Land

  • Cross Street: Ridge Rd North, Sout

  • Municipality District: Fort Erie

  • Parcel Number: 641910330

  • Sewer: Sewers

  • Lot Depth: 137 Feet

  • Lot Frontage: 23 Feet

  • Zoning: CMU4

Commercial Specific

  • Total Area: 2074

  • Total Area Metric: Sq Ft

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