$4,500,000

Commercial For Sale In Crystal Beach, Niagara Falls, Ontario

$4,500,000

Property Information:

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.

Property Features:

  • Bedrooms: 0
  • Acres Range:
  • Basement: None
  • Lot Depth: 233.6 Feet
  • Lot Features: Ample Parking, City Lot, High Traffic Area, Highway Access, Hospital, Public Transit, Schools
  • Lot Frontage: 300.83 Feet
  • Water Source: Municipal
  • Zoning: COMMERCIAL
  • Sewer: Septic Tank

Courtesy of: REMAX REALTY SPECIALISTS INC SHERWOODTOWNE BLVD, RE/MAX RLTY SPECIALISTS

Data provided by: Mississauga Real Estate Board 3450 Ridgeway Dr. #1, Mississauga, Ontario L5L 0A2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved