Description
Prime downtown corner lot with 200' of frontage on East Main St plus 2 more frontages on side streets. Zoned CC2 Commercial with a wide range of permitted uses, like retail, drive thru, commercial plaza with financial & medical businesses, or residential on top with retail below, so many possibilities. Listing Supplements include the CC2 zoning permitted uses. The Niagara region as a whole is experiencing explosive growth across many industries. Welland itself is growing with many projects including the Empire Homes Canal project that is building 2200 new homes, and the Honda EV plant that is set to open by 2027. This means commercial development opportunities are ripe in this area, and investors can position themselves easily with this corner lot on a main road for years and years to come. Seller is willing to hold VTB 1st mortgage with 35% down and offering reasonable commercial rates.
Overview
Property ID:
X12039184
Type:
Land
Square:
23,594 m²
Price:
$1,999,900
PropertyType:
Commercial
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
Heating:
Unknown
ParkingFeatures:
Unknown
YearBuilt:
Unknown
TaxAnnualAmount:
7713
PossessionDetails:
-
Map
-
AddressWelland
Contact Agency
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