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.
MLS# | 40649434 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 48 |
Listing Provided By | Bridgecan Realty Corp. | Dave Sohal |
SQ Feet | 12,000 |
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Zoning | INSH |
Province | ON |
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County | Niagara |
City | Welland |
Postal Code | L3B 0B3 |
Area | Welland |
Subarea | 773 Lincoln | Crowland |
Community Name | 773 Lincoln/Crowland |
Listing VS Median (in 773 Lincoln/Crowland) | |
Price: $10,000,000 low | high Med: $499,900 SqFt: 12,000 low | high Med: 1,010 $ / SqFt: $833 low | high Med: $495 On Site: 48 low | high Med: 212.000000 |