314 RIDGE RD N new

Fort Erie,ON L0S 1N0

$ 649000

- Bed

- Bath

2074 SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,074 sqft

Price per Sqft $312

MLS Listing ID X9420107

Annual Tax Amount $6,205

Tax Year 2024

Property Description

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.

Location

Province ON

County Niagara

Zoning CMU4

Rooms

Basement Partial Basement

Kitchen 0

Interior

Cooling Unknown

Exterior

Garage Other

Garage Spaces 5.0

Pool None

Utilities Available Unknown

Roof Type Unknown

Parking Type Unknown

Total Parking Spaces 5

Others

Security Features Unknown

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