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Home ON St. Catharines - Niagara Fort Erie Ridgeway
1-5 - 300-304 RIDGE ROAD N
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1-5 - 300-304 RIDGE ROAD N $2,200,000
$2,200,000
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1-5 - 300-304 RIDGE ROAD N
Fort Erie (335 - Ridgeway), Ontario L0S1N0

MLS® Number: X11964648
6
Bathrooms
4840
Square Feet

Listing Description

Discover the potential of 300-304 Ridge Rd N, Ridgeway strategically situated in the vibrant downtown core of the growing Ridgeway community. This impressive property features five (5) residential units and three (3) 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! (39861033)

Location Description

Ridge Rd N & Hibbard

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Square Footage
4840 sqft
Community Name
335 - Ridgeway
Land Size
Bldg=74.25 x 295.86 FT ; IRR
Annual Property Taxes
$7,683
Time on REALTOR.ca
43 days

Building

Bathrooms
Total
6
Interior Features
Appliances Included
Dishwasher, Stove, Refrigerator
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)
Neighbourhood Features
Amenities Nearby
Public Transit

Measurements

Square Footage
4840 sqft
Exterior Building Size
4840 sqft

Land

Lot Features
Frontage
74 ft ,3 in
Land Depth
295 ft ,10 in
Other Property Information
Zoning Description
C2
Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4

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