301 Derby Road Fort Erie (Crystal Beach), Ontario L0S 1B0

$619,000

Prime mixed-use property located at 301 Derby Road in Crystal Beach. C1 zoning permits a range of commercial and residential uses. The building includes 1 retail/commercial unit and 2 residential apartments. Four off-street parking spaces available. The upstairs apartment is currently leased at $2,000/month on a 1-year term. The retail unit and rear apartment are currently vacant and may be suitable for owner occupancy or rental, subject to applicable approvals. Recent renovations include updates to the upstairs apartment (2013) with new wiring and added insulation. Roof and deck have been replaced, including a membrane roofing system. New electrical panel installed in the basement. Retail unit has updated flooring, ceiling, and sliding doors. Heating includes a gas boiler with radiators serving the front retail unit and upstairs apartment, in-floor heating in the rear apartment, and two heat pumps (front and upstairs).Front portion of the building dates to the 1920s. Rear addition is concrete block construction from the 1960s. Multiple heating zones are present. Property is located on Derby Road in Crystal Beach, within proximity to local amenities and the waterfront. Area experiences both seasonal and year-round activity. (id:44758)

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https://www.realtor.ca/real-estate/29604783/301-derby-road-fort-erie-crystal-beach-337-crystal-beach