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Listed by Rob Golfi • RE/MAX Escarpment Golfi Realty Inc.
$ 999,000
Est. payment /mo
Active
49 Division Street Welland, ON L3B 3Z5
100 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 100 sqft
Price per Sqft $9,990
MLS Listing ID 40858722
Abv Grd Liv Area 100
Annual Tax Amount $11,000
Property Sub-Type Building and Land
Source Cornerstone
Property Description
Prime downtown Welland opportunity with exceptional development potential! Strategically located in the heart of the city, this versatile property offers flexible zoning with a wide range of permitted uses, making it ideal for investors, developers, and business owners. Potential uses include short-term accommodations, professional offices, retirement residences, boarding houses, mixed-use and various commercial applications. Zoning permits development of up to 8 storeys, providing significant potential to maximize the property's value. Ideally situated within walking distance to the Welland Canal, downtown shops, restaurants, services, and amenities. Located in an area experiencing continued revitalization and investment, this is an excellent opportunity to secure a property with long-term upside and multiple development possibilities. Seller may consider attractive Vendor Take-Back (VTB) financing for qualified buyers. A rare opportunity to bring your vision to life in the growing downtown core of Welland!
Location
Province ON
County Niagara
Area Welland
Zoning DMC
Direction King Street to Division
Rooms
Basement None
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 80.83
Lot Depth 118.0
Garage No
Building
Lot Description Ample Parking, Business Centre, City Lot, High Traffic Area, Highway Access, Hospital, Public Transit, Schools
Faces King Street to Division
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 641070369
Ownership Freehold/None
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