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Listed by Naveed Haidari • RE/MAX REALTY SPECIALISTS INC SHERWOODTOWNE BLVD
$3,785,000
Est. payment /mo
4,700 SqFt
Active
122 Ridgeway Road Niagara Falls, ON L0S 1B0
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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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