122 Ridgeway Road, Fort Erie, Ontario L0S 1B0

Listed for:
$2,999,990
0 beds
21 baths
Listed 1 day ago
122 Ridgeway Road, Fort Erie, Ontario L0S 1B0

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About

Cross Streets: RODGEWAY RD/REBSTOCK RD. ** Directions: TAKE GORHAM RD SOUTH OF HWY 3. Positioned on an expansive corner lot of nearly 2 acres, the Crystal Beach Motel presents a rare and versatile investment opportunity in the growing Fort Erie area. This well-established property features 20 guest rooms, each with its own washroom, with many units thoughtfully updated to meet modern standards.The property includes a detached garage, dedicated office and a comfortable one-bedroom manager's apartment complete with a four-piece bathroom, offering convenient on-site living. Guests and visitors benefit from approximately 23 parking spaces and a welcoming outdoor fire pit area with seating-perfect for relaxation and social gatherings. Currently operating as a motel under legal non-conforming commercial use, the property is now zoned Residential Multiple, opening the door to a wide variety of permitted uses and future redevelopment potential (subject to approval by the Town of Fort Erie).Ideally located just minutes from the vibrant shores of Crystal Beach and the historic, lively community of Ridgeway, this site is surrounded by ongoing and proposed developments, further enhancing its long-term value.Buyers are responsible for conducting their own due diligence regarding zoning, planning, and development requirements. This is truly a prime opportunity for developers, investors, or entrepreneurs looking to capitalize on a high-potential property in a rapidly evolving area. (id:27476)

Property Highlights

MLS® Number
X12965298
Type
Business
Community Name
337 - Crystal Beach
Land Size
300 x 233 FT ; Irregular

Building

Square Footage
69900 sqft
Bathrooms Total
21
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters, Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
RE/MAX HALLMARK REALTY LTD.
MLS® number:
X12965298
Agent:
Allister John Sinclair
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