122 Ridgeway Road Active

Niagara Falls,ON L0S 1B0

$ 3785000

0 Bed

- Bath

4700 SqFt


Key Details

Property Type Commercial

Sub Type Hospitality,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 4,700 sqft

Price per Sqft $805

MLS Listing ID 40691784

Abv Grd Liv Area 4,700

Originating Board Mississauga

Annual Tax Amount $17,356

Property Sub-Type Hospitality,Building and Land

Property Description

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.Absolutely a opportunity for all developers. The area is influenced by future developments.

Location

Province ON

County Niagara

Area Fort Erie

Zoning COMMERCIAL

Direction Ridgeway/Brewster Road

Rooms

Basement None

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 300.83

Lot Depth 233.6

Garage No

Building

Lot Description Ample Parking,City Lot,High Traffic Area,Highway Access,Hospital,Public Transit,Schools

Faces Ridgeway/Brewster Road

Story 1

Sewer Septic Tank

Water Municipal

New Construction No

Others

Senior Community No

Tax ID 641850236

Ownership Other

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