$ 10,000,000
595 Ontario Road Welland, ON L3B 0B3
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Listed by Dave Sohal • Bridgecan Realty Corp.
$ 10,000,000
Est. payment /mo
Price Dropped by $5K
595 Ontario Road Welland, ON L3B 0B3
12,000 SqFt
UPDATED:
10/15/2024 06:11 PM
Key Details
Property Type Commercial
Sub Type Institutional,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $833
MLS Listing ID 40649434
Abv Grd Liv Area 12,000
Originating Board Hamilton - Burlington
Annual Tax Amount $29,254
Property Description
HUGE 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 24 STOREY towers consisting of over 370 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.
Location
Province ON
County Niagara
Area Welland
Zoning INSH
Direction ONTARIO ROAD AND SOUTHWORH STREET
Rooms
Basement None
Kitchen 0
Interior
Fireplace No
Exterior
Waterfront No
Lot Frontage 1000.0
Lot Depth 3.25
Garage No
Building
Lot Description Other
Faces ONTARIO ROAD AND SOUTHWORH STREET
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 643960427
Ownership Freehold/None
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