430 Ridge Road North, Fort Erie | Image 1

430 Ridge Road North

Fort Erie

  • Commercial

$784,999
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: CMU4

  • Age: No Data

  • Taxes: 2234

  • MLS®#: X9047404

  • Days on Site: 31 Days

  • Added: Jul 19, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RE/MAX NIAGARA REALTY LTD.

Excellent development opportunity just steps from historic downtown Ridgeway! Package is for a Three Storey mixed use Residential/Commercial development with Ten Residential units and one curbside commercial storefront. Currently a nicely renovated Two bedroom Two bath home that is move-in ready or ready to rent out while the remainder of the application process is completed. Minor variances have been approved and demolition permit has been applied for and granted, the building permit has also been applied for but waiting for town review as permit deposit (~$15,000) is required to start the review process. Seller will transfer the permit application to the buyer to take on the remaining process and pay the permit deposit.

Extras

The home is currently vacant and move-in ready. Seller has a file of all relevant minor variances, permits, plans, etc. that will share with buyer upon accepted conditional offer.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Fort Erie

  • Availability Date: Flexible

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Other

Fees

  • Tax Year: 2023

  • Taxes: $2,234

  • Taxes Type: Annual

Land

  • Cross Street: Dominion Road

  • Municipality District: Fort Erie

  • Parcel Number: 641920223

  • Lot Depth: 165 Feet

  • Lot Frontage: 46 Feet

  • Zoning: CMU4

Commercial Specific

  • Total Area: 0.18

  • Total Area Metric: Acres

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Lot Code: Lot

JK-8

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