122 RIDGEWAY ROAD new

Fort Erie,ON L0S1B0

$ 3785000

- Bed

- Bath

1 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $3,785,000

MLS Listing ID X11937454

Originating Board Toronto Regional Real Estate Board

Property Description

A rare, lifetime opportunity to preserve the past or develop for the future. Approx. 2 acre corner lot minutes to the famous Crystal Beach and historic downtown Ridgeway. The existing motel, has 20 rooms including 2 kitchenettes, a separate manager's suite, laundry area, outdoor firepits and seating.If your dream is to develop, zoning is R-1M, which allows medium density, up to 4 story builds. The lot can accommodate 70 to 100 (stacked) townhouses, condos or apartments. Buyer is responsible for all city planning and development requirements. The prime land offers a perfect canvas to bring to life a vibrant residential development in the prime Crystal Beach community. **** EXTRAS **** Absolutely a opportunity for all developers. The area is influenced by future developments. (id:24570)

Location

Province ON

Interior

Heating Other

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 23

Private Pool No

Building

Sewer Sanitary sewer

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