NewFor Sale

28 West Main Street
Welland, Niagara, ON, L3C 4Z6

Investment
TRREB
MLS® Number: X12105058
$1,599,000List Price
InvestmentProperty Type
10,000 sq ftSize
$8,912 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 28 West Main Street, Welland, ON L3C 4Z6

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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!

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$8,912 / 2024
Listing #:X12105058
Property Type:Investment
Building Age:100+
Size:10,000 sq ft
Land Size:49.66 x 92.86
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:RE/MAX ESCARPMENT REALTY INC., BROKERAGE

Rooms

Details

Property

Property Type:Investment
Community:772 - Broadway
Municipality:Niagara

Building

Size:10,000 sq ft
Building Age:100+

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Gas Forced Air Open
Utility Sewer:Sanitary+Storm

Land

Cross Street:Niagara St

$1,599,000

List price

28 West Main Street, Welland – Investment for sale · MLS® # X12105058 | CPRB