A rare, lifetime opportunity to preserve the past or develop for the future. Approx. 2 acre corner lot minutes to the famous Crystal Beach and historic downtown Ridgeway. The existing motel, has 20 rooms including 2 kitchenettes, a separate manager's suite, laundry area, outdoor firepits and seating.If your dream is to develop, zoning is R-1M, which allows medium density, up to 4 story builds. The lot can accommodate 70 to 100 (stacked) townhouses, condos or apartments. Buyer is responsible for all city planning and development requirements. The prime land offers a perfect canvas to bring to life a vibrant residential development in the prime Crystal Beach community.Absolutely a opportunity for all developers. The area is influenced by future developments.
MLS# | 40691784 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 14 |
Listing Provided By | RE/MAX REALTY SPECIALISTS INC SHERWOODTOWNE BLVD | Naveed Haidari |
SQ Feet | 4,700 |
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Story(s) | 1 |
Zoning | COMMERCIAL |
State | ON |
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County | Niagara |
City | Niagara Falls |
Zip Code | L0S 1B0 |
Area | Fort Erie |
Subarea | 335 Ridgeway |
Community Name | 335 Ridgeway |
Listing VS Median (in 335 Ridgeway) | |
Price: $3,785,000 low | high Med: $749,500 SqFt: 4,700 low | high Med: 1,910 $ / SqFt: $805 low | high Med: $392 On Site: 14 low | high Med: 2.000000 |