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$699,900
$749,900For salePrice drop↓ $50,000 (7%)

1010 Arthur Street, Fort Erie (Lakeshore) - Business for Sale

1010 Arthur Street, Fort Erie (Lakeshore), Ontario, L2A4J2

8 parking1,708 ft²Listed 77 days ago
Overview

This business in Fort Erie is for sale offering roughly 1,708 sq ft of space. It has been on the market 77 days, fresher than the Fort Erie average of 106 days.

Description

Welcome to 1010 Arthur Street, Fort Erie - a prime investment opportunity offering an impressive 157' x 215' (0.77 acre) lot with C3(H) Commercial zoning in a rapidly developing area. The existing two-storey home offers approximately 1,708 sq. ft. of living space with 4 bedrooms and 1.5 bathrooms, while the expansive property provides plenty of potential for investors and buyers looking to capitalize on the location. Situated directly abutting a large parking lot for a retail plaza and newly constructed townhomes, and just minutes from the QEW, shopping, restaurants, schools, and all local amenities, and only a couple lots in from Highway 3/Garrison Road. This property is ideally positioned for future opportunity. With its substantial lot size, commercial zoning, and surrounding development, 1010 Arthur Street presents endless possibilities in a highly desirable Fort Erie location. (id:66096)

Property Details

MLS®
X13691796
Property Type
Business
Zoning
C3(H)
Parking
8
Interior Size
1,708 ft²
Lot Size
157 × 215 ft (33,853 sq ft)
Frontage
157 ft
Heating
Other
Cooling
None
Property Tax
$3,165.2/yr
Listed
77 days ago

Features

Appliances
All

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
77d
Fort Erie (Lakeshore) listings, avg age
106d
Price / ft²
$410
List price
$700K

Long Listed: 77 days on market, against an average age of 106 days across the listings currently for sale in this city

Homes here sell slower than most markets

Sold homes in this market spent an average of 62 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This business in Fort Erie (Lakeshore) has been listed for 77 days, which is 29 days fresher than the city average of 106. Act while there is still low competition.

Listed by ROYAL LEPAGE NRC REALTY · Milos Krtek

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2A)

This home lists at $699,900, about 9.7× the local median household income of $72,500.

Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 89% above the area median.

Median household income
$72,500
Population
17,293
Median age
49.2
Owner / renter
74% / 26%
Avg. household size
2.3

Source: Statistics Canada, 2021 Census (FSA L2A)

$699,900· $410/ft²
For sale

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Financing

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$699,900

Fort Erie

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