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4020 Erie Rd 9,019 SF 100% Leased Retail Building Crystal Beach, ON L0S 1B0 $787,311 USD ($87.29 USD/SF)
Investment Highlights
- Excellent exposure and frontage with consistent vehicular traffic, particularly during peak tourism seasons
- Prime location along Erie Road, the main commercial corridor serving Crystal Beach and surrounding Niagara Region communities.
- Situated minutes from Crystal Beach waterfront, attracting strong seasonal and year-round customer activity.
- Functional standalone building suitable for a variety of retail, service commercial, or mixed-use applications.
Executive Summary
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.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,019 SF
Building Class
C
Year Built
1951
Price
$787,311 USD
Price Per SF
$87.29 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.09
Lot Size
0.19 AC
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 2
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4020 Erie Rd
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