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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40709861
Originating Board Hamilton - Burlington
Annual Tax Amount $7,713
Property Sub-Type Commercial
Property 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, or email agent for a copy. 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. Bring us your ideas, your vision, and let's work together to make it come to life.
Location
Province ON
County Niagara
Area Welland
Zoning CC2
Direction HWY 406 to E Main St/ Regional Rd 27
Rooms
Other Rooms None
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available At Lot Line-Gas, At Lot Line-Hydro, Electricity Connected
Lot Frontage 200.0
Lot Depth 132.0
Garage No
Building
Lot Description Urban, Irregular Lot, City Lot, High Traffic Area, Highway Access
Faces HWY 406 to E Main St/ Regional Rd 27
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community false
Tax ID 641140246
Ownership Freehold/None
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Listed by RE/MAX Escarpment Realty Inc