








1/102459 DOMINION ROAD, Fort Erie (Ridgeway), ON L0S1N0
$550,000 total
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Asset Class
Office
Size
—
Building class
B
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
99%
Lot Size
1.486 ac
The possibilities are endless with this prime commercial opportunity! This picturesque 1.46 Acre property back's right onto the friendship trail and has high traffic visibility. Formally a school built in 1873 this spacious 3000 square foot building has a ton of potential that features high ceilings and high arched windows. The addition to the one room school was built on in the 1950s and it has most recently been used as an antique shop for many years. This property is zoned rural commercial which allows for a variety of uses that include construction trade establishments, farmers markets, veterinary or pet day cares, kennel, or renovate it and reside in the home of yours dreams! Reach out for further details (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$36K
Annual cash flow
$5K
Cash-on-cash
3.19%
DSCR
1.17
Going-in cap
6.50%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
97,300
Households
34,760
Median income
$126,000
Median age
35.9
Daytime population
102,088
5-yr growth
1.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2459 DOMINION ROAD, Fort Erie (Ridgeway).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.