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473 GARRISON Road
Fort Erie Ontario L2A1N3 Canada

$1,285,000

Active Listing ID 40574417
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10 bed
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3,430
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6.00 Bath
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Multi-family

$1,285,000

Active Listing ID 40574417
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473 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:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: Central air conditioning, Wall unit
  • Exterior Finish: Stucco, Aluminum siding
  • Heating Systems: Baseboard heaters, Forced air, Electric, Natural gas
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 4/23/2024 5:10:18 PM GMT
Source Updated Date: 4/24/2024 5:30:12 AM GMT

Courtesy of: SANDRACRUMB, Salesperson, RE/MAX GARDEN CITY REALTY INC, BROKERAGE

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