28 West Main Street Active

Welland,ON L3C 4Z6

$ 1599000

0 Bed

- Bath

10000 SqFt


Key Details

Property Type Commercial

Sub Type Mixed,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $159

MLS Listing ID 40722140

Abv Grd Liv Area 10,000

Annual Tax Amount $8,912

Property Sub-Type Mixed,Building and Land

Source Hamilton - Burlington

Property Description

Welcome to Your Next Great Investment Opportunity! Located in the heart of Welland, proudly known as the "Rose City," this historic area offers a unique blend of industrial charm and natural beauty. The iconic Welland Canal, once a vital shipping route, now serves as a scenic backdrop for recreational activities and waterfront living. This vacant, triple-brick building offers an incredible opportunity to create a stunning 14-unit loft-style apartment complex overlooking the historic Bridge 13 and the Welland Canal. Spanning nearly 10,000 sq ft across three expansive floors, the building boasts soaring 13-foot ceilings and floor-to-ceiling windows, flooding the space with natural light and offering unobstructed canal views. Savvy investors will appreciate that major milestones have already been completed: -Site Plan Approval for 14 residential units is in place. -Phase 1 Environmental Site Assessment (ESA) and Building Condition Assessment(BCA) completed. -Permit-ready architectural drawings included. -As is & As complete Appraisal available. This project is primed and ready for a visionary investor to bring it to life and create a true landmark property. Don't miss out on this rare and exciting opportunity!

Location

Province ON

County Niagara

Area Welland

Zoning DMC

Direction Hwy 406 to E Main St turns into W Main, building on corner of W Main and Niagara St

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 49.99

Lot Depth 92.86

Garage No

Building

Lot Description Irregular Lot,City Lot,High Traffic Area,Public Transit

Faces Hwy 406 to E Main St turns into W Main, building on corner of W Main and Niagara St

Story 3

Sewer Other

Water Municipal

New Construction No

Others

Senior Community No

Tax ID 641050080

Ownership Freehold/None

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