Detached House for sale in Fort Erie (Ridgeway), Ontario. Listed at $998,888.
3 bedrooms · 1 bathrooms
MLS® 30084072
Prime 6.25-Acre Mixed-Use Development Opportunity in the Heart of Ridgeway!ATTENTION DEVELOPERS, INVESTORS & END USERS! Rare opportunity to acquire a high-visibility corner property located in a new and rapidly developing area of the Niagara South Peninsula. This exceptional parcel offers approximately 6.25 acres of prime land with multiple zoning designations, includingCommercial and Agricultural, providing excellent potential for a variety of future uses (buyer to verify permitted uses and zoning requirements).The property features outstanding exposure with approximately 379 feet x 418 feet frontage alongGarrison Road (Highway 3) and approximately 352 feet x 675 feet frontage along Ridge Road North, offering multiple access points and excellent visibility in a high-traffic location.The site presents exciting possibilities for future development, including potential for retail plazas, professional/medical offices, restaurants, service commercial uses, and other mixed-use opportunities, subject to municipal approvals and buyer due diligence. Located in a desirable Ridgeway community where new development is actively taking place and established amenities continue to grow.Approximately 2 acres are cleared and improved with a recently updated 1.5-storey detached home serviced by municipal water and septic. The home currently generates rental income of $1,700/month plus utilities with a good tenant on a month-to-month basis who may consider staying.Ideally located within walking distance to Lake Erie and offering convenient access to Highway 3/GarrisonRoad, this property represents a rare investment opportunity with endless possibilities for the discerning buyer. Buyer to verify all permitted uses, development potential, conservation restrictions, and municipal requirements. (id:27495)
Listing courtesy of EXECUTIVE REAL ESTATE SERVICES LTD. · VIJAY VERMA
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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