154 Ridge Road Fort Erie, Ontario L0S 1N0

2,445 ft2
Partially Air Conditioned Other

$799,900

Prime mixed-use investment opportunity in the heart of Ridgeway! This well-maintained commercial property features 3 residential units and 1 commercial space, all fully tenanted and generating immediate rental income. Ideally located in a high-visibility area just minutes to major highways and the Peace Bridge, this property offers excellent long-term investment potential.The upper residential unit offers 2-3 bedrooms, 1.5 bathrooms, and a private balcony. The bachelor unit includes 1 bedroom and 1 bathroom, while the lower-level walk-out unit also features 1 bedroom and 1 bathroom. The commercial space is currently operating as a successful hair salon with convenient front parking and additional street parking available.The property also features a spacious rear yard and an insulated rear shed, ideal for additional storage or workspace. Each unit has its own air conditioning and separate heating system. The salon and upper unit are separately metered with utilities paid directly by tenants, while hydro for the bachelor and lower walk-out units is included in operating expenses. A solid income-producing property in one of Ridgeway's most desirable locations. (id:63616)

Property Details

MLS® Number X13155694
Property Type Retail
Community Name 335 - Ridgeway
Parking Space Total 6

Building

Cooling Type Partially Air Conditioned
Heating Type Other
Size Interior 2,445 Ft2
Utility Water Municipal Water

Land

Acreage No
Size Depth 120 Ft
Size Frontage 60 Ft ,11 In
Size Irregular 60.99 X 120 Ft
Size Total Text 60.99 X 120 Ft
Zoning Description Cmu4

https://www.realtor.ca/real-estate/29783864/154-ridge-road-fort-erie-ridgeway-335-ridgeway

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