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. (id:47421)
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Detailed Information
Lot
1,000 x 3 ft
Listing Contract Date
2024-09-19
Location Description
ONTARIO ROAD AND SOUTHWORH STREET
Ownership Type
Freehold
Property Type
Institutional - Special Purpose
Transaction Type
For sale
Zoning Description
INSH
Building
Basement Type
None
Size (Exterior)
12000
Utility Water
Municipal water
Land
Total Size
2 - 4.99 acres
Acreage
Yes
Sewer
Municipal sewage system
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