Revel, Reality and Brokerage

Revelutionizing Real Estate!

377 DERBY Road , Fort Erie

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Asking Price $699,900
Square Footage 10953 Sq. ft.

Description

Attention Entrepreneurs and Investors , Here is your chance to Capitalize on the Residential Boom in Crystal Beach. Conveniently Located just 2 Blocks from the Sandy Beaches & Water's edge, there are Multiple Potential uses under CMU2 Zoning. This Well Maintained Building boasts 11,000 Sq. ft. of Prime Commercial & Residential space with Multiple uses and opportunities. It Boasts 30+ Parking spots, 4 updated Furnaces in 2014 & 2016, Majority of roof elevations replaced as recently as 2016. The 8,300 square foot Main Commercial floor features a wide open flat concrete floor space and can easily be divided into multiple retail outlets. Having 2 Store Front Entrance's, a Rear Loading Garage Door and Two Bathrooms with a total of 3 Toilets and 4 Sinks. Powered by 400 AMP Electrical, 4 PHASE split to multiple 200 AMP. The upstairs 2700 Sq. Ft comprises of Three 2 Bedroom and a 4pc Bath Rental units with Laundry Facilities. Zoning allows for a maximum of 49% Residential and a potential 5800 sq. ft of additional residential living spaces to a maximum height of 3 Stories. Subject to Approval. Property sits on 3 road frontages on Derby, Queens Crt & Shannon and is only minutes to Highway Access, Sandy Swimmable Beaches, Boating, fishing, Fantastic Restaurants and Retail Shops! Don't miss out on this Incredible Value.

Details

MLS Number30586792
Property TypeOther
AvailableFor sale
Lot Size0.5 ac|1/2 - 1.99 acres
WaterMunicipal water
Sewer / Septic
Heating TypeForced air
CoolingNone
Basement TypeNone

Location