28 W Main St - Storefront FOR SALE


Welland, ON L3C 4Z6- Downtown Welland
$1,599,000 CAD
289-302-6018
28 W Main St, Welland, ON for Sale
$1,599,000 CAD
Storefront - FOR SALE
1/7
null | Request Cap Rate

28 W Main St
Welland, ON L3C 4Z6
Downtown Welland


OVERVIEW

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!

FOR SALE DETAILS

PRICE

$1,599,000 CAD

PRICE/SF

$169 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

DMC

APN/PARCEL ID

271903000109200

ASK ABOUT THIS PROPERTY

Kayla SmithRe/Max Escarpment Realty IncMore Info
289-302-6018

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Kayla SmithRe/Max Escarpment Realty IncMore Info
289-302-6018

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.