304 Ridge Road N Fort Erie, Ontario L0S 1N0

6 Bathroom 4,840 ft2
Fully Air Conditioned Other

$2,200,000

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! (id:48215)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X11933166
Property Type Multi-family
Community Name 335 - Ridgeway
Amenities Near By Public Transit

Building

Bathroom Total 6
Appliances Dishwasher, Refrigerator, Stove
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Other
Size Exterior 4840 Sqft
Size Interior 4,840 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Size Depth 295 Ft ,10 In
Size Frontage 74 Ft ,3 In
Size Irregular Bldg=74.25 X 295.86 Ft ; Irr
Size Total Text Bldg=74.25 X 295.86 Ft ; Irr
Zoning Description C2

https://www.realtor.ca/real-estate/27824752/304-ridge-road-n-fort-erie-335-ridgeway-335-ridgeway

John Johnston
Salesperson

(289) 228-7549

Keller Williams Complete Realty
87 Lake Street
St. Catharines, Ontario L2R 5X5

(905) 688-6688
kwcomplete.com/

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