314 RIDGE Road, Fort Erie, ON L0S 1N0

Fort Erie L0S 1N0 Ontario

MLS: X12022225

$625,000

Added 3 days ago | For Sale

Listed by: RE/MAX NIAGARA REALTY LTD, BROKERAGE

About Property

Amazing commercial & residential building in the heart of Downtown Ridgeway! The main floor commercial unit features about 500sq ft of well-kept retail space with large front windows and a fireplace plus an office/kitchenette/storage room, changeroom, 2pc washroom and back entrance. The facade of the building has character with the covered entrance and front porch. Upstairs in the updated residential unit, there are two bedrooms, one spacious 5pc bathroom, living room, kitchen and a nice balcony off the back. At the ground level residential entrance, the back porch has a gas BBQ hook-up. In the parking lot behind the building are 5 spaces for vehicles. Commercial and residential tenants are both willing to stay. Income opportunities with an approximate rental income of $41,000 per year. Downtown Ridgeway is a quaint but busy core neighbourhood with shops, restaurants, services, seasonal events and a Farmer's Market every Saturday from mid-May to mid-October.

Features

  • House Style:Store W Apt/Office
  • Bathrooms:
  • Land Size: 23 X 137
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Ridge Rd North, South of Dominion Rd, between Cutler St and Hibbard St.
  • Basement: ,
  • Possession Date:Immediate
  • Annual Property taxes: $6205.75
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12022225

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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