4020 Erie Road, Fort Erie, ON L0S 1B0

$999,000

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List Price
$999,000
Price Change
▼ $101,000 1785359241
MLS#
X13234534
Status
ACTIVE
Type
Commercial
SubType
Investment
Province
ON
Municipality
Fort Erie
Area
Niagara
Neighborhood
337 - Crystal Beach
Subdivision
Oxford

Property Description

IMMEDIATE POSSESSION - BUSINESS AND RESIDENCE INCLUDED.Prime development opportunity just steps from the sandy shores of Crystal Beach. This landmark property features a well-established year-round bar and restaurant operating since 1991, along with over 3,500 sq. ft. of residential living space complete with a private rooftop patio.The undeveloped third floor offers outstanding potential for apartments, condominiums, boutique hotel suites, or other residential uses, subject to approvals. Nearby approved developments highlight the strong growth and investment potential of the area.Originally built as a hotel, the property has been well maintained and upgraded throughout, featuring large rooms, stone accents, a full-service bar, spacious bedrooms, ensuite bathrooms, and walk-in closets.The restaurant seats approximately 200 guests indoors. A rare opportunity to acquire an established business with significant residential and future development potential in the heart of Crystal Beach.

Additional Information

Taxes
$8,454
Heat Type
Gas Forced Air Closed
Air Conditioning
Yes
Lot Depth
102
Garage Type
None

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Calculator source: Real Geeks

Listing courtesy of ENGEL & VOLKERS NIAGARA.