5 - 304 Ridge Road N Fort Erie (335 - Ridgeway), Ontario L0S 1N0

6 Bathroom 4840 sqft
Fully Air Conditioned Other

$2,200,000

Discover the potential of 304 Ridge Rd N, strategically situated in the vibrant downtown core of the growing Ridgeway community. This impressive property features five residential units and three 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! (id:47351)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X11933166
Property Type Multi-family
Community Name 335 - Ridgeway
AmenitiesNearBy Public Transit

Building

BathroomTotal 6
Appliances Dishwasher, Refrigerator, Stove
CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Other
SizeExterior 4840 Sqft
SizeInterior 4840 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit
SizeDepth 295 Ft ,10 In
SizeFrontage 74 Ft ,3 In
SizeIrregular Bldg=74.25 X 295.86 Ft ; Irr
SizeTotalText Bldg=74.25 X 295.86 Ft ; Irr
ZoningDescription C2

https://www.realtor.ca/real-estate/27824752/5-304-ridge-road-n-fort-erie-335-ridgeway-335-ridgeway