0 TOWNLINE TUNNEL Rd, Welland MLS Number: X11913299
Welland, Niagara, ON, L3B 5N7$1,570,000
Status: For Sale
- Property Type: Commercial (Land)
- Property Taxes : $180.60 (Tax Year:2024)
- Listing Courtesy : Re/max Specialists Tavsells Inc.
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$1,570,000
Status: For Sale
This 43.6-acre parcel of former industrial land is in South Welland, Niagara, with easy access to key highways (58, 140, and 406), providing excellent exposure and transport options. Currently zoned O2 Community Open Space, the site has a range of permitted uses, including recreational facilities (arena, botanical garden, parks, etc.), community-oriented spaces (community centre, play-lots, shelters), and ancillary uses like restaurants and retail establishments. The land is in an area designated as part of the Brownfield CIP (Community Improvement Plan), meaning it may require environmental remediation or assessment before redevelopment. Additionally, a portion of the site lies within the Niagara Gateway Economic Zone and Centre CIP area, which is designated as a "Strategic Location for Investment." This further highlights the area's potential for revitalization and development. Interestingly, despite the current O2 zoning, the City of Welland has shown interest in converting this land back to industrial use, which could offer significant redevelopment opportunities for industrial or commercial projects. In summary, this site provides a unique opportunity for developers interested in open space or community-oriented development, while also offering the potential for industrial redevelopment, depending on future zoning decisions by the city. This property is being sold as is, where is. The vendor makes no representations regarding the state of the property.
Property Type | :Commercial |
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MLS Number | :X11913299 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :08 Jan, 2025 (22 Hours ago) |
Source | :TRREB |
Area | :Niagara |
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Postal Code | : L3B 5N7 |
Price | : $1,570,000 |
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Property Taxes | :$180.60 |
Tax Year | :2024 |
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Cross Street | :CANAL BANK STREET |
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08 Jan, 2025
TREB #X11913299
Available
$1570000.0