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$ 2,200,000
Est. payment | /mo
6 Baths
4,840 SqFt
$ 2,200,000
Est. payment | /mo
6 Baths
4,840 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,840 sqft
Price per Sqft $454
Subdivision 335 - Ridgeway
MLS® Listing ID X11933166
Originating Board Niagara Association of REALTORS®
Property Description
Discover the potential of 304 Ridge Rd N, strategically situated in the vibrant downtown core of the growing Ridgeway community. This impressive property features five residential units and three commercial units, generating an annual gross income of $130K. Included in this offering is Ice Cream Alley, a well-established business operated by the owners, which can be purchased alongside the building, providing additional revenue opportunities. The property sits on half an acre of land, allowing for future development possibilities, such as building more units in the back. Additionally, the property boasts a second access point on Hibbard Street, enhancing accessibility and convenience. Its prime location ensures a strong customer base and high demand for both residential and commercial spaces, making this investment ideal for those looking to expand their portfolio or enter the market. Seize this opportunity to invest in a property with significant growth potential in a thriving community. Contact us today for more information! (id:24570)
Location
Province ON
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by REVEL Realty Inc., Brokerage
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada