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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 Cornerstone
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