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$10,000,000
Status: For Sale
HUGE INVESTMENT OPPORTUNITY FOR SERIOUS BUYERS located in Welland close to the newly announced Battery Plant. 3.24 acres of open space in the heart of this beautiful city, brings endless investment opportunities. Currently zoned as Institutional which allows for multiple 24 STOREY towers consisting of over 370 RESIDENTIAL UNITS, plus an existing 12,000 square foot medical building (fully leased). The land frontage is 1000 feet. Right across from the new battery plant. *Yes you read that right, ONE THOUSAND feet of frontage!* Many possibilities in this rare piece of land in the heart of a lively city! Walking distance to grocery stores, Tims Hortons, LCBO and many schools. A two minute drive to the Welland Hospital. Ideal for creating attractive living space for families, senior citizens and professionals working in the area. A true show stopper.
| Property Type | :Commercial Sale |
|---|---|
| MLS Number | :40649434 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :15 Oct, 2024 (38 Days ago) |
| Source | :Hamilton - Burlington |
| Area | :Niagara |
|---|---|
| City | :Welland |
| Area Major | :Welland |
| Area Minor | :773 - Lincoln/Crowland |
| Postal Code | :
L3B 0B3
|
| Directions | :ONTARIO ROAD AND SOUTHWORH STREET |
| Price | : $10,000,000 |
|---|---|
| Property Taxes | :$29254 |
| Tax Year | :2024 |
|---|
| Place of Worship | :No |
|---|---|
| Cross Street | :COMMERCIAL ST |
| Approx Square Footage | :12000 sqft |
|---|---|
| Virtual Tour | :Virtual Tour (External Link) |
15 Oct, 2024
TREB #40649434
Price Change
$10000000
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