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Welland,ON L3C 4Z6
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