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$ 1,599,000
Est. payment /mo
Active
28 West Main ST Welland, ON L3C 4Z6
10,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $159
Subdivision 772 - Broadway
MLS Listing ID X12105058
Building Age 100+
Annual Tax Amount $8,912
Tax Year 2024
Property Sub-Type Investment
Lot Depth 92.86
Lot Front 49.66
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
Community 772 - Broadway
Area Niagara
Interior
Cooling No
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 49.66
Lot Depth 92.86
Others
Security Features No
Listed by RE/MAX ESCARPMENT REALTY INC., BROKERAGE