100 sqft
$999,000
Prime downtown Welland opportunity with exceptional development potential! Strategically located in the heart of the city, this versatile property offers flexible zoning with a wide range of permitted uses, making it ideal for investors, developers, and business owners. Potential uses include short-term accommodations, professional offices, retirement residences, boarding houses, mixed-use and various commercial applications. Zoning permits development of up to 8 storeys, providing significant potential to maximize the property’s value. Ideally situated within walking distance to the Welland Canal, downtown shops, restaurants, services, and amenities. Located in an area experiencing continued revitalization and investment, this is an excellent opportunity to secure a property with long-term upside and multiple development possibilities. Seller may consider attractive Vendor Take-Back (VTB) financing for qualified buyers. A rare opportunity to bring your vision to life in the growing downtown core of Welland! (id:60588)
Property Details
|
MLS® Number
|
40858722 |
|
Property Type
|
Other |
|
Amenities Near By
|
Hospital, Public Transit, Schools |
|
Community Features
|
High Traffic Area |
Building
|
Basement Type
|
None |
|
Size Exterior
|
100.0000 |
|
Size Interior
|
100 Sqft |
|
Type
|
Residential Commercial Mix |
|
Utility Water
|
Municipal Water |
Land
|
Access Type
|
Highway Access |
|
Acreage
|
No |
|
Land Amenities
|
Hospital, Public Transit, Schools |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
118 Ft |
|
Size Frontage
|
81 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
Dmc |
