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!
Overview
Property ID:
X12105058
Type:
Investment
Square:
10,000 m²
Price:
$1,599,000
PropertyType:
Commercial
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
No
Heating:
Gas Forced Air Open
ParkingFeatures:
None
YearBuilt:
100+
TaxAnnualAmount:
8912
PossessionDetails:
IMMEDIATE
Map
-
AddressWelland
Write A Review
0 Reviews
0 out of 5
Featured properties
The Most Recent Estate
Selling
Investment
3 hours ago
$849,000
Carlington - Central Park, 5301 - Carlington
Selling
Investment
13 hours ago
$1,599,000
Niagara-on-the-Lake, 102 - Lakeshore
Selling
Investment
13 hours ago
$1,850,000
Marmora and Lake, Marmora Ward
Selling
Investment
13 hours ago
$1,750,000
Glebe - Ottawa East and Area, 4402 - Glebe
Selling