215 GARRISON ROAD
Fort Erie (Lakeshore), Ontario
MLS® X13885644
$3,199,000
- Status
- Active
- Property type
- Business
- MLS® number
- X13885644
- Bedrooms
- —
- Bathrooms
- 23
- Year built
- —
1 / 35Listing description
Renovated 22-unit ensuite motel plus owner living quarters in a prime Fort Erie location, minutes from the Peace Bridge border crossing to Buffalo and approx. 30 km from Niagara Falls. Approx.
12,000 sq. ft. building on a 0.
92-acre lot. Over $645k in capital upgrades in last three years: new roof, new heating and cooling in every room, upgraded electrical panel and wiring, new fire alarm system, new boilers and hot water tanks, new flooring, fresh paint throughout, new furniture, perimeter fencing, and a surveillance system with smart locks on all doors. Each of the 22 ensuite rooms features air conditioning, cable TV, fridge, microwave and private bathroom.
The property also includes generous owner accommodation (separate owner/manager unit plus a 4-bedroom/2-bathroom suite), approx. 35 parking spaces. Ideal location on Hwy #3 with quick access to the Peace Bridge border crossing into Buffalo, New York, and the scenic Niagara Parkway.
Minutes to Old Fort Erie, the Fort Erie Race Track, Lake Erie beaches including Crystal Beach, and championship golf courses. Town approval in place for seasonal student-residence use during the school year, offering added income flexibility. Clean Environmental Site Assessments available from 3 years ago.
Rare opportunity to own a turn-key, income-producing motel at the gateway to Buffalo and Niagara.
Property summary
- MLS® number
- X13885644
- Property type
- Business
- Leasable Area
- 12,000 sq ft
- Land size
- Bldg=201.2 x 200 FT
- Annual property taxes
- $18,120.00
- Parking
- Other
- Days on market
- 2 days
Features & details
- Heating
- Forced air
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $3,199,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REVEL Realty Inc., Brokerage, St. Catharines.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.