Message Number430343
statusActive
Subject LineWelland, (90 Min.to Toronto) Medical Building with extra land to build. $7.9M,3.5 acres, Institutional Zoning. Build plaza, approved for 325 residential unit
Business area
Canada
Ontario
Niagara Region
Location, CityWelland
Have/WantHave
Business categoryShopping Centres/Strip Plazas/Retail
Commercial Buildings/Hotels/Motels
Office & Medical Buildings
Industrial Buildings For Sale
Sites Commercial and Industrial
Subdivision Potential/Condo Sites/Townhouse Sites/Building Lots
Related Professionals and Service Providers to the ICI Industry
Apartment buildings/multi unit/condo townhouse projects/investments
Date of ListingNovember 13 2024
Type Descriptionmedical, retail plaza, rental apts.
LocationNiagara
Price$7,900,000.00
Size3.5 acres
Zoninginstitutional
CommentsHUGE 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 11 STOREY towers consisting of over 307 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. Welland, (90 Min.to Toronto) Medical Building with extra land to build. $7.9M,3.5 acres, Institutional Zoning. Build plaza, approved for 307 residential unit

Will consider joint venture
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Client DetailsBuilder/Developer
Institutional Investor
ControlMLS
NameDave Sohal
TitleBroker of Record/President
Company NameBridgecan Realty Corp., Brokerage, SRF Financial Inc.
Address Line One398 Mohawk Road East
CityHamilton
State/ProvinceOntario
Zip/Postal CodeL8V 2H7
CountryCanada
Business Phone Number(905)526-7551
Cell Number1-905-902-7551
Home Number1-877-526-7551
FAX Number(905)526-6658
Email AddressSend Email