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$ 3,785,000
Est. payment /mo
New
122 RIDGEWAY ROAD Fort Erie, ON L0S1B0
1 SqFt
UPDATED:
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
Listed by RE/MAX REALTY SPECIALISTS INC.