473 Garrison Road, Fort Erie, Ontario L2A 1N3

Listed for:
$1,285,000
10 beds
6 baths
Listed 18 days ago
473 Garrison Road, Fort Erie, Ontario L2A 1N3

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Listing provided by:
RE/MAX GARDEN CITY REALTY INC, BROKERAGE
MLS® number:
40574417
Agent:
Sandra Crumb
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About

QEW to Thompson Road exit/southbound, eastbound (left) on Garrison Road INVESTMENT OPPORTUNITY...Do not miss this once in a Lifetime chance to own prime property located at 473 Garrison Rd, Fort Erie. The potential with this property, located on busy Hwy #3, zoned C3, has Commercial redevelopment opportunity, super commercial visibility, along with potential for new build towns; Drawings, drafts, renderings, survey, soil assessment, Phase 1 reports, applications etc., will be made available to serious parties only. Collect the income stream from the current residential rentals, as the planning process is to build/develop the property. Current Use; The property currently consists of three (3) separate buildings, with 5 residential units that are tenanted, plus there is a vacant office space opportunity; the 5 residential units w/separate hydro meters, 3 of the 5 units have exclusive laundry, 2 units share one common laundry area. The vacant retail/office space, has its own bathroom.The front building; directly on Garrison Road, is a 2 storey duplex with 2-2bedroom units, full/unfinished basement & shared laundry. The back building; directly on Arthur Street, has 1-2bedroom, & 1-3 bedroom unit, each with exclusive laundry, one of the units has access to the garage. The small bungalow located on the west side of the property; is a 1-bedroom, winterized bachelor bungalow, with is own exclusive laundry. Total square footage includes all buildings(excludes office/garage bay). Recent improvements include; freshly painted, flooring, updated bathrooms, newer appliances, newer AC units. This prime location, zoned C3, with parking for 50-60 vehicles, along with close proximity to QEW and Buffalo Peace Bridge…Imagine the possibilities, the potential is here… do not miss this rare opportunity to own a piece of prime land in Fort Erie. Schedule a showing today & realize the potential for yourself! (id:27476)

Property Highlights

Type
Cooling type
Central air conditioning, Wall unit
Heating fuel
Electric, Natural gas
Fireplace
No
Construction material
Aluminum siding, Stucco
Parking space
26
Ownership Type
Freehold
Amenities nearby
Golf Nearby, Hospital, Marina, Park, Place of Worship, Playground, Public Transit, Schools, Shopping

Location