468 Ridge Rd N
Fort Erie, L0S1N0
For Sale
$1,200,000
![468 Ridge Rd N, Fort Erie](https://media.realestatebay.ca/X1/19/20/83/6/1.960.jpg)
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Retail
CATEGORY1,800 Sq Ft
TOTAL AREAX11920836
MLSIDContact Us
Property Description
Located in the heart of Ridgeway at 468 Ridge Road N, this exceptional commercial property offers a prime opportunity for business owners and investors alike. Currently operating as a Laundromat (The Laundry Basket) by the original owners who are looking to retire. The building boasts 1,800 square feet of freestanding space equipped with a 2" water line to the building on a deep rectangular lot, The property is zoned C2, making it ideal for other uses outside of the existing business. The location features high visibility and accessibility, with ample parking for 12 vehicles and the potential for expansion. Inside, the space is thoughtfully designed to cater to a wide range of business needs, with a barrier-free, handicap-accessible layout that ensures inclusivity and is equipped with 21 Maytag & Encore washers and 16 Maytag dryers other chattels include: vending machines, coin machine, laundry soap machine, Encore washers, Maytag top-load and front-load washers, and Maytag dryers. Strategically situated along Ridge Road North, in a thriving community, this property is surrounded by bustling businesses, offering excellent exposure and customer traffic. Whether you're looking for a turnkey business, which is the only laundry mat currently operating in Ridgeway and Crystal Beach, or looking to establish or expand your enterprise, this well-maintained property with sustainable features and ample space provides an unparalleled opportunity to grow your business or walk into an existing one within one of Niagara's most desirable locations. Other notable features include security cameras inside and out to ensure customer safety, owned solar panels that feed back directly to the business reducing the monthly energy costs, a Generac generator & a detached garage for extra storage or development. One of the nicest laundromats in Niagara - check out their google reviews! Schedule a viewing today to explore the potential of this remarkable investment! **EXTRAS** All equipment
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Extras
All equipment for the laundry mat can stay. Building is equipped with a gas generator, fire alarms, and smoke detectors armed through ADT and security cameras.
Property Details
Category
Retail
Usage
Service Related
Zoning
C2
Total Area
1,800 Sq Ft
Retail Area
1,800 Sq Ft
Lot Size
60' x 330'
Taxes
$12,590 (2024)
Parking Spaces
12
Washrooms
1
Air Conditioning
Yes
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Listing contracted with Century 21 Heritage House Ltd
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Amazing turn-key investment opportunity! This fully tenanted 5 unit property consists of 4 residential units and one commercial space. This multi use property is in a prime high traffic location in the heart of the quaint town of Ridgeway. Property has had several recent updates. 4 residential units host long term tenants commercial space is currently leased by a successful bakery. Total gross rental income over $90,000 Contact listing agent for details regarding leases, recent updates and chattels included. Property only for sale (bakery not for sale but will stay on as a tenant). Put your money to work for you. Don't miss out call today! Please allow 24 hours notice for viewing of residential units.
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