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$ 2,999,990
Est. payment /mo
New
122 Ridgeway RD Fort Erie, ON L0S 1B0
21 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 337 - Crystal Beach
MLS Listing ID X12965298
Annual Tax Amount $16,302
Tax Year 2025
Property Sub-Type Investment
Property Description
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.
Location
State ON
County Niagara
Area Niagara
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 300.0
Lot Depth 233.0
Others
ParcelsYN No
Listed by RE/MAX HALLMARK REALTY LTD.
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