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$2,200,000
Available - For Sale
Listing ID: X11964648
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.
Price $2,200,000
Taxes: $7,683
Tax Type: Annual
Occupancy by: Tenant
Address: 300-304 Ridge Road North , Fort Erie, L0S 1N0, Niagara
Postal Code: L0S 1N0
Province/State: Niagara
Legal Description: PT LT 8 E/S RIDGE RD PL 349 VILLAGE OF R
Directions/Cross Streets: Ridge Rd N & Hibbard
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 4,840
Total Area Code:  Square Feet
Area Influences: Public Transit  
Franchise: F
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
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This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REVEL Realty Inc., Brokerage

300-304 Ridge Road North , Fort Erie, L0S 1N0, Niagara


 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Fort Erie
Neighbourhood: 335 - Ridgeway
Style:
Lot Size: x 295.86(Feet)
Approximate Age:
Tax: $7,683
Maintenance Fee: $0
Beds: 0
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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