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544 Garrison Rd 10,950 SF 100% Leased Retail Building Fort Erie, ON L2A 1N4 $1,012,887 USD ($92.50 USD/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
$1,012,887 USD
Price Per SF
$92.50 USD
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
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 8
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544 Garrison Rd
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