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! |
Price | $1,599,000 |
Taxes: | $8912.00 |
Tax Type: | Annual |
Assessment Year: | 2024 |
Occupancy: | Vacant |
Address: | 28 West Main Stre , Welland, L3C 4Z6, Niagara |
Postal Code: | L3C 4Z6 |
Province/State: | Niagara |
Legal Description: | PT LT 26 CON 5 CROWLAND AS IN RO416229 E |
Directions/Cross Streets: | Niagara St |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Apartment |
Use: | Apts - 13 To 20 Units |
Building Percentage: | T |
Total Area: | 10000.00 |
Total Area Code: | Square Feet |
Area Influences: | Public Transit |
Approximatly Age: | 100+ |
Sprinklers: | No |
Washrooms: | 0 |
Clear Height Feet: | 12 |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | No |
Sewers: | Sanitary+Storm |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX ESCARPMENT REALTY INC., BROKERAGE |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Niagara |
Municipality: | Welland |
Neighbourhood: | 772 - Broadway |
Approximate Age: | 100+ |
Tax: | $8,912 |
Fireplace: | N |