For Sale

314 RIDGE Road, Fort Erie (335 - Ridgeway), Ontario L0S1N0

$625,000

314 RIDGE Road, Fort Erie (335 - Ridgeway), Ontario L0S1N0 is For Sale and has a listing price of 625,000. The property is located in the Ridgeway neighbourhood. It's been on the website for 58 Days.

  • Retail
    Property Type
  • Residential Commercial Mix
    Building Type
  • MLS ID: X12022225
  • Office Name RE/MAX NIAGARA REALTY LTD, BROKERAGE
Property Description

Amazing commercial & residential building in the heart of Downtown Ridgeway! The main floor commercial unit features about 500sq ft of well-kept retail space with large front windows and a fireplace plus an office/kitchenette/storage room, changeroom, 2pc washroom and back entrance. The facade of the building has character with the covered entrance and front porch. Upstairs in the updated residential unit, there are two bedrooms, one spacious 5pc bathroom, living room, kitchen and a nice balcony off the back. At the ground level residential entrance, the back porch has a gas BBQ hook-up. In the parking lot behind the building are 5 spaces for vehicles. Commercial and residential tenants are both willing to stay. Income opportunities with an approximate rental income of $41,000 per year. Downtown Ridgeway is a quaint but busy core neighbourhood with shops, restaurants, services, seasonal events and a Farmer’s Market every Saturday from mid-May to mid-October. (id:43137)

Property Details
  • MLS ID: X12022225
  • Price: $625,000
  • Transaction Types: For Sale
  • Ref ID: 28031492
  • Year Built: N/A
  • Building Type: Residential Commercial Mix
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Ridgeway
  • $840,003 Average List Price
    based on 1 year
  • 0 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 6.91 % Up
  • Sold (12mo) 66
  • Rented (12mo) 15

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 66 Walk Score
    Somewhat Walkable
  • 69 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    84.28%
  • Commercial
    10.73%
  • Condo
    1.6%
  • Land for Sale
    3.4%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 14/03/2025 00:00:00
  • Zoning Single Family Residential
  • Agent Name: Shawn Schertzing
  • Last Updated: 28/03/2025 15:27:47
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