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$1,599,000
Available - For Sale
Listing ID: X12105058
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: $8,912
Tax Type: Annual
Assessment Year: 2024
Occupancy by: 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
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Apartment
Use: Apts - 13 To 20 Units
Building Percentage: T
Total Area: 10,000
Total Area Code:  Square Feet
Area Influences: Public Transit  
Approximatly Age: 100+
Maintenance: 0
Sprinklers: No
Clear Height Feet: 12
Heat Type: Gas Forced Air Open
Central Air Conditioning: No
Sewers: Sanitary+Storm
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT REALTY INC., BROKERAGE

28 West Main Stre , Welland, L3C 4Z6, Niagara


 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Welland
Neighbourhood: 772 - Broadway
Style:
Lot Size: x 92.86(Feet)
Approximate Age: 100+
Tax: $8,912
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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