300-304 Ridge RD N new Save Request In-Person Tour Request Virtual Tour
Fort Erie,ON L0S 1N0
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 4,840 sqft
Price per Sqft $330
Subdivision 335 - Ridgeway
MLS Listing ID X12231362
Annual Tax Amount $7,967
Tax Year 2024
Property Sub-Type Investment
Property Description
Cash-flowing mixed-use investment in the heart of Ridgeway. This fully leased 8-unit building features 5 residential units and 3 commercial spaces, offering almost a 7% cap rate. Tenants are on separate hydro meters, with the option to convert to separate gas meters for added efficiency. The roof was replaced in 2020. Located in a growing community, this turnkey property is an excellent buy-and-hold opportunity for investors seeking stable cash flow and long-term appreciation.
Location
Province ON
County Niagara
Community 335 - Ridgeway
Area Niagara
Interior
Cooling Yes
Exterior
Utilities Available Yes