$1,200,000
Available - For Sale
Listing ID: X11920836
468 Ridge Rd North , Fort Erie, L0S 1N0, Ontario


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 for the laundry mat can stay. Building is equipped with a gas generator, fire alarms, and smoke detectors armed through ADT and security cameras.
Price $1,200,000
Taxes: $12589.82
Tax Type: Annual
Assessment: $353000
Assessment Year: 2025
Occupancy by: Owner
Address: 468 Ridge Rd North , Fort Erie, L0S 1N0, Ontario
Postal Code: L0S 1N0
Province/State: Ontario
Legal Description: PT LT 21 E/S RIDGE RD PL 349 BERTIE; PT
Lot Size: 60.00 x 330.00 (Feet)
Directions/Cross Streets: Head north on Ridge Road N from Dominion, and it's on the right hand side.
Category: Retail
Use: Service Related
Building Percentage: Y
Total Area: 1800.00
Total Area Code:  Sq Ft
Retail Area: 1800
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Financial Statement: Y
Chattels: Y
Sprinklers: N
Washrooms: 1
Heat Type: Gas Hot Water
Central Air Conditioning: Y
Water: Municipal
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Century 21 Heritage House LTD
Personal Picture
Gaurang Shah
Licenced Realtor
Dir:
416-841-0587
Bus:
905-458-7979
Fax:
905-458-1220
 
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At a Glance:
Type: Com - Commercial/Retail
Area: Niagara
Municipality: Fort Erie
Neighbourhood: 335 - Ridgeway
Style:
Lot Size: 60.00 x 330.00(Feet)
Approximate Age:
Tax: $12,589.82
Maintenance Fee: $0
Beds:
Baths: 1
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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