122 Ridgeway Road Fort Erie, Ontario L0S 1B0

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:50886)

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

Contact Us

Contact us for more information

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Manoj Narang
Salesperson

(905) 272-3434

RE/MAX Realty Specialists Inc.
200-4310 Sherwoodtowne Blvd.
Mississauga, Ontario L4Z 4C4

(905) 272-3434
(905) 272-3833

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