Position your business in the heart of Fort Erie's primary commercial corridor. Situated on a prominent corner lot with approximately 120 ft of frontage on Garrison Rd/Hwy 3 and 265 ft along Kraft Rd, this commercial development property offers excellent visibility and exposure along one of the community's busiest commercial routes. Surrounded by established businesses and conveniently located near major retailers, restaurants, professional services and everyday amenities, the property offers an excellent opportunity to build, expand or establish your business and brand in a highly visible location. The property's Core Mixed Use 3 (CMU3) zoning provides flexibility for a wide variety of potential commercial and residential uses, including but not limited to animal hospitals, bake shops, banks, retail stores, service shops, commercial schools, daycares, restaurants, motels, studios, supermarkets and residential dwellings. The zoning also provides potential for mixed-use development with commercial space and residential units above, offering additional possibilities for investors and developers. With its generous frontage, high-traffic exposure and versatile zoning, this property is well positioned for a range of future development opportunities. Convenient access to the QEW provides connections throughout the Niagara Region and toward Toronto, while the Peace Bridge to Buffalo and the U.S. border is just minutes away. A highly visible corner property with the location, zoning and exposure to bring your next commercial or mixed-use project to life. (id:66096)
Property Details
MLS®
X14101342
Property Type
Vacant Land
Zoning
CMU3
Lot Size
31,886 sq ft (0.73 ac)
Frontage
120 ft
Price per Acre
$887,839 per acre
Property Tax
$2,219/yr
Listed
14 days ago
Services
Water
Municipal water
Sewer
Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
14d
Fort Erie (Crescent Park) listings, avg age
85d
List price
$650K
Active: 14 days on market, against an average age of 85 days across the listings currently for sale in this city
Market timing · days on market0 → 85d avg age of current listings
Active · day 14
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 vacant land in Fort Erie (Crescent Park) has been listed for 14 days, which is 71 days fresher than the city average of 85. Act while there is still low competition.
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE · Shawn Schertzing
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (L2A)
This home lists at $649,900, about 9.0× the local median household income of $72,500.
Carrying it typically needs a household income of about $126,948 (20% down, 25-yr amortization, stress-tested) — roughly 75% 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)
$649,900
For sale
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