REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,999,900
Est. payment /mo
Active
811 East Main ST Welland, ON L3B 3Y6
23,594 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 23,594 sqft
Price per Sqft $84
Subdivision 768 - Welland Downtown
MLS Listing ID X12039184
Annual Tax Amount $7,713
Tax Year 2024
Property Sub-Type Land
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.
Location
State ON
County Niagara
Community 768 - Welland Downtown
Area Niagara
Exterior
Utilities Available Available
Lot Frontage 200.0
Lot Depth 132.0
Listed by RE/MAX ESCARPMENT REALTY INC.