3879 Rebstock Rd - Storefront Retail/Residential FOR SALE


Fort Erie, ON L0S 1B0- Ridgemount/Ridgewood
$1,649,000 CAD
905-894-4014
3879 Rebstock Rd, Fort Erie, ON for Sale
$1,649,000 CAD
Storefront Retail/Residential - FOR SALE
1/45
null | Request Cap Rate

3879 Rebstock Rd
Fort Erie, ON L0S 1B0
Ridgemount/Ridgewood


HIGHLIGHTS

  • Prime Crystal Beach development opportunity.
  • High-traffic, visible commercial location.
  • Potential for lot severance.

OVERVIEW

This is a rare and exceptional development opportunity located in the heart of Crystal Beach, offering an advantageous location with 3 road frontages on Alexandra Rd, Ridgeway Rd, and Rebstock Rd. The property features a unique combination of both Residential and Commercial Zoning, providing endless possibilities for future development. With its size and configuration, there's potential for severance, allowing for the creation of multiple lots or parcels to tailor the development to specific project requirements. This presents a chance to create a landmark development that complements the area's unique charm and positively contributes to the neighborhood's appeal. Additionally, this property boasts a great high-traffic, high-visibility location right on the main road into Crystal Beach. It is licensed for 89, including 28 on the outdoor patio, with restaurant, bar, and dining areas that come with most chattels. The second and third floors feature a full two-bedroom apartment. Occupying the full end of a block between two streets and having 3 road frontages, there's potential for lot severance or business expansion. Currently zoned C2 on the northern portion and R2 on the southern portion, opportunities like this in Crystal Beach are rare and offer significant commercial potential.

FOR SALE DETAILS

PRICE

$1,649,000 CAD

PRICE/SF

$395 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,577 SF

ZONING

C2

APN/PARCEL ID

270303000338600

ASK ABOUT THIS PROPERTY

Milos KrtekRoyal LePage NRC RealtyMore Info
905-894-4014

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Milos KrtekRoyal LePage NRC RealtyMore Info
905-894-4014

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.