LOADING

473 Garrison Road Fort Erie, Ontario L2A 1N3

10 Bedroom 6 Bathroom 3430 sq. ft
Central Air Conditioning, Wall Unit Baseboard Heaters, Forced Air

$1,285,000

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:38042)

Property Details

MLS® Number 40574417
Property Type Multi-family
Amenities Near By Golf Nearby, Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features Community Centre, School Bus
Equipment Type Water Heater
Features Conservation/green Belt
Parking Space Total 26
Rental Equipment Type Water Heater
Structure Shed

Building

Bathroom Total 6
Bedrooms Total 10
Basement Development Unfinished
Basement Type Full (unfinished)
Cooling Type Central Air Conditioning, Wall Unit
Exterior Finish Aluminum Siding, Stucco
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Forced Air
Stories Total 2
Size Interior 3430
Utility Water Municipal Water

Parking

Attached Garage

Land

Access Type Highway Access
Acreage No
Land Amenities Golf Nearby, Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Frontage 140 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description R3

Interested?

Contact me for more information or to see it in person