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544 Garrison Rd

10,950 SF 100% Leased Retail Building Fort Erie, ON L2A 1N4 $1,499,000 CAD ($137 CAD/SF)

Investment Highlights

  • Corner Lot
  • Building can be redeveloped or used as is
  • Surface parking

Executive Summary

Great highway exposure on Garrison Rd (Hwy 3). Corner property just under an acre of land with C3-140 zoning. Lots of possibilities for this zoning! Commercial set up currently on the main floor (7314 sf) and residential upstairs (2714 sf). Lots of parking in the paved parking lot! this property is being sold in as is condition. The building appears to be solid, however, it will require extensive renovations or the land and location could be redeveloped.

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,950 SF
Building Class
B
Year Built
1938
Price
$1,499,000 CAD
Price Per SF
$137 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.09 AC
Zoning
C3-140 - Commercial
Parking
17 Spaces (1.55 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Nearby Major Retailers

Scotiabank
Td Canada Trust
Starbucks
No Frills
Sobeys
Tim Hortons
  • Listing ID: 33639176

  • Date on Market: 2024-10-25

  • Last Updated:

  • Address: 544 Garrison Rd, Fort Erie, ON L2A 1N4

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