122 Ridgeway Road, Fort Erie (crystal Beach), Ontario

$2,999,990

Previous Next

21

Baths

2

Square feet

1.60

Acres

About 122 Ridgeway Road

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:36535)

Features of 122 Ridgeway Road

Listing # X12965298
Price $2,999,990
Bathrooms 21.00
Square Footage 2
Acres 1.60
Type Business

Community Information

Address 122 Ridgeway Road
Subdivision 337 - Crystal Beach
City Fort Erie (crystal Beach)
Province Ontario
Postal Code L0S1B0

Amenities

Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Dryer, Microwave, Oven, Hood Fan, Two Washers, Window Coverings
Heating Natural gas Baseboard heaters, Forced air
Cooling Fully air conditioned
Fireplace No
Has Basement No

Listing Details

OfficeCourtesy Of RE/MAX HALLMARK REALTY LTD.

Listing Map