1.61 Acres
Fully Air Conditioned
Other
$3,785,000
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:47351)
Business
Business Type
|
Accommodation |
Business Sub Type
|
Motel |
Property Details
MLS® Number
|
X11937454 |
Property Type
|
Business |
Amenities Near By
|
Recreation |
Parking Space Total
|
23 |
Building
Appliances
|
Furniture |
Cooling Type
|
Fully Air Conditioned |
Heating Fuel
|
Natural Gas |
Heating Type
|
Other |
Size Interior
|
1.61 Acres |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Land Amenities
|
Recreation |
Sewer
|
Sanitary Sewer |
Size Depth
|
233 Ft ,7 In |
Size Frontage
|
300 Ft ,9 In |
Size Irregular
|
300.83 X 233.6 Ft |
Size Total Text
|
300.83 X 233.6 Ft |
Zoning Description
|
Commercial |
https://www.realtor.ca/real-estate/27834732/122-ridgeway-road-fort-erie