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. **EXTRAS** Absolutely a opportunity for all developers. The area is influenced by future developments.
MLS# | X11937454 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 88 |
Listing Provided By | RE/MAX REALTY SPECIALISTS INC. | X11937454 495302 |
SQ Feet | 70,262 |
---|---|
Acreage | 1.61 |
Province | ON |
---|---|
County | Niagara |
City | Fort Erie |
Postal Code | L0S 1B0 |
Listing VS Median (In L0S 1B0) | |
Price: $3,785,000 low | high Med: $434,900 SqFt: 70,262 low | high Med: 968 $ / SqFt: $54 low | high Med: $449 On site: 88 low | high Med: 196.000000 |