$1,199,900
Fort Erie
77 Bowden Street, Fort Erie (Central), Ontario, L2A6P7
This industrial property in Fort Erie is for sale offering roughly 7,500 sq ft of space. It has been on the market 48 days, fresher than the Fort Erie average of 101 days.
Exceptional opportunity for investors and business owners in a prime Fort Erie location. Located at 77 Bowden Street, this versatile commercial property is just minutes from the U.S. border, downtown Fort Erie and major highway access, offering excellent connectivity for local and regional business operations. Situated on just under an acre lot, the site currently features a solid concrete industrial building with a metal roof and six bay doors, configured into three units, providing flexibility for owner-users or investors seeking immediate income with long-term flexibility. The first unit features forced air heating, three-phase power and second-floor storage, while the remaining two units are equipped with radiant propane heating and 200-amp electrical service. All units are on separate electrical meters, supporting multi-tenant occupancy. The property allows for a range of commercial and retail uses, with the potential for future redevelopment or site intensification, including multi-level residential development, subject to municipal approvals. This flexibility makes the property well-suited for a variety of investment and business strategies, including long-term repositioning. The property also benefits from ample yard space with truck and trailer access, enhancing its appeal for trades, logistics, automotive or service-based uses. A rare opportunity to acquire a highly adaptable asset in a growing area of Fort Erie with strong long-term value and upside. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 48 days on market, against an average age of 101 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.
This industrial in Fort Erie (Central) has been listed for 48 days, which is 53 days fresher than the city average of 101. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,199,900, about 16.6× the local median household income of $72,500.
Carrying it typically needs a household income of about $234,382 (20% down, 25-yr amortization, stress-tested) — roughly 223% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2A)
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