
288 RIDGE ROAD N, Fort Erie (Ridgeway), ON L0S1N0
Price on request
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Asset Class
Retail
Size
—
Building class
A
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
92%
An opportunity to establish your business in a sleek, stylish, and upscale professional setting in the heart of downtown Ridgeway. Private rooms are available for lease within an upcoming medical aesthetics spa, currently undergoing renovations with an anticipated opening in early 2027.Designed to offer a modern and welcoming environment, the spa will provide a range of state of the art aesthetic services, to include but not limited to skin treatments, Botox, and IPL treatments. This is an opportunity for professionals in complementary industries, particularly those specializing in beauty, aesthetics, health, and wellness, to establish their business within a shared setting alongside other service providers. Position your business in a professionally designed space where complementary services can create opportunities for collaboration and client referrals. Be part of Ridgeway's growing business community and establish your presence in this exciting new space. (id:66811)
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Monthly debt service
$7K
Projected NOI
$79K
Annual cash flow
$-4K
Cash-on-cash
-0.97%
DSCR
0.95
Going-in cap
5.25%
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
67,618
Households
24,280
Median income
$134,000
Median age
39.4
Daytime population
94,617
5-yr growth
6.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 288 RIDGE ROAD N, 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.