Ridgeway, ON L0S 1N0,314 Ridge Road N
Ridgeway, ON L0S 1N0,314 Ridge Road N
Ridgeway, ON L0S 1N0,314 Ridge Road N
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Listed by Shawn Schertzing • RE/MAX NIAGARA REALTY LTD, BROKERAGE
$649,000
Est. payment /mo
2,074 SqFt
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UPDATED:

10/19/2024 04:08 AM

Key Details

Property Type Commercial

Sub Type Mixed,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 2,074 sqft

Price per Sqft $312

MLS Listing ID 40656660

Abv Grd Liv Area 2,074

Originating Board Niagara

Annual Tax Amount $6,205

Property Description

Amazing commercial & residential building in the heart of Downtown Ridgeway! The main floor commercial unit features about 500sq ft of well-kept retail space with large front windows and a fireplace plus an office/kitchenette/storage room, changeroom, 2pc washroom and back entrance. The facade of the building has character with the covered entrance and front porch. Upstairs in the updated residential unit, there are two bedrooms, one spacious 5pc bathroom, living room, kitchen and a nice balcony off the back. At the ground level residential entrance, the back porch has a gas BBQ hook-up. In the parking lot behind the building are 5 spaces for vehicles. Commercial and residential tenants are both willing to stay. Income opportunities with an approximate rental income of $41,000 per year. Downtown Ridgeway is a quaint but busy core neighbourhood with shops, restaurants, services, seasonal events and a Farmer's Market every Saturday from mid-May to mid-October.

Location

Province ON

County Niagara

Area Fort Erie

Zoning CMU4

Direction Ridge Rd North, South of Dominion Rd, between Cutler St and Hibbard St.

Rooms

Basement Partial

Kitchen 0

Interior

Fireplace No

Exterior

Garage Asphalt

Utilities Available Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights

Waterfront No

Lot Frontage 23.0

Lot Depth 137.0

Garage No

Building

Lot Description Rectangular, High Traffic Area, Schools, Visual Exposure

Faces Ridge Rd North, South of Dominion Rd, between Cutler St and Hibbard St.

Story 2

Sewer Sewer (Municipal)

Water Municipal

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 641910330

Ownership Freehold/None


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