Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:C2,499,000
($1,758,400)
(€1,538,000)
Annual Taxes:C9,720.16
PRIME COMMERCIAL AND RESIDENTIAL DEVELOPMENT OPPORTUNITY IN THE HEART OF RIDGEWAY.
Description
PRIME COMMERCIAL AND RESIDENTIAL DEVELOPMENT OPPORTUNITY IN THE HEART OF RIDGEWAY. Situated on a highly visible 1.37-acre corner lot at the intersection of Dominion Rd and Gorham Rd, this exceptional property offers outstanding exposure with approximately 194ft of frontage on Dominion Rd and 245ft of frontage on Gorham Rd. Located between Downtown Ridgeway's vibrant shops, restaurants, and services and the growing commercial corridor along Gorham Rd, the property is ideally positioned for a wide range of future uses & severance configurations. The property's Commercial and Residential zoning creates endless possibilities for investors, developers, business owners & entrepreneurs. Permitted uses include automotive shops and vehicle service centres, medical clinics & pharmacies, veterinary clinics & animal hospitals, cafés and bake shops, banks, retail stores, professional offices, studios, fitness centres, car washes & many other commercial opportunities. The site also offers excellent potential for residential or mixed-use development, allowing a combination of commercial space & residential units in one of Niagara's fastest-growing communities. Currently situated on the property is an approximately 2,500sqft automotive building featuring six bay doors, two vehicle hoists, & a 2pc washroom, along with a 1200sqft 2-bedroom, 2-bathroom bungalow complete with a beautiful rear sunroom. The location offers exceptional walkability to Downtown Ridgeway's shops, restaurants, parks, elementary school, and the 26-km Friendship Trail, while also being just minutes from Crystal Beach's sandy shoreline & Lake Erie lifestyle. Convenient access to the QEW, Niagara Falls, Toronto & the Peace Bridge to the USA further enhances the property's appeal. Whether you're looking to establish a business, expand an existing operation, develop a mixed-use project, or secure a strategic land holding, this is a rare opportunity to acquire one of Ridgeway's most prominent corner properties.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.