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$2,999,990
Available - For Sale
Listing ID: X12965298
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.
Price $2,999,990
Taxes: $16,302.56
Tax Type: Annual
Occupancy by: Owner
Address: 122 Ridgeway Road , Fort Erie, L0S 1B0, Niagara
Postal Code: L0S 1B0
Province/State: Niagara
Legal Description: LTS 7,8,8,34,35 AND 36 PL 548; PT LT 24
Directions/Cross Streets: RODGEWAY RD/REBSTOCK RD
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Category: Accommodation
Use: Hotel/Motel/Inn
Building Percentage: T
Total Area: 1.6
Total Area Code:  Acres
Office/Appartment Area: 10
Office/Appartment Area Code: %
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Maintenance: 0
Heat Type: Baseboard
Central Air Conditioning: Yes
Sewers: Sanitary
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY LTD.

122 Ridgeway Road , Fort Erie, L0S 1B0, Niagara

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Investment
Area: Niagara
Municipality: Fort Erie
Neighbourhood: 337 - Crystal Beach
Style:
Lot Size: x 233.00(Feet)
Approximate Age:
Tax: $16,302.56
Maintenance Fee: $0
Beds: 0
Baths: 21
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908