Description
INVESTMENT & INDUSTRIAL DEVELOPMENT OPPORTUNITY! Rare 4+ acre property with sought-after GEC(Gateway Economic Centre) zoning under City of Welland Zoning By-law, offering exceptional future potential in a prime, high-demand location. Two fully renovated homes generate immediate rental income: a 3-bedroom (currently tenanted) plus a 2-bedroom, 1-bath, both on full city services. Tucked at the end of a quiet dead-end cul-de-sac, 2 minutes from major retailers and5 minutes to downtown, and directly abutting MTO/Highway 406 lands for outstanding access and exposure. Approximately half the land is cleared and usable; the wooded rear offers hardwoods, softwoods and evergreens, plus a natural pond. Flexible GEC zoning permits a wide range of commercial/industrial uses including light industrial, warehouse/public storage, trucking operation, parking lot (truck & vehicle parking), repair shops & services, custom workshop, contractor's establishment, heavy equipment sales/rental/service, commercial school, technology industry, research & development and many more (outside storage permitted as an accessory use).A turnkey income property with exceptional long-term upside, ideal for investors, developers and owner-operators. See attached zoning schedule for the full list of permitted uses. Don't miss this commercial/industrial land opportunity with existing residential cash flow!
Details
| MLS # | 40849356 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1931 |
| Days On Site | 45 |
| Listing Provided By | Re/Max President Realty | Nav Takkar |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,100 |
| Basement | Y |
| Story(s) | 1 |
| Building(s) | 1 |
| Zoning | GEC |
| Acreage | 4.13 |
Interior
| Appliances | Water Heater, Dryer, Refrigerator, Stove, Washer |
|---|---|
| Rooms Total | 8 |
| Interior Features | Water Meter |
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Forced Air |
| Heating Yes / No | Yes |
| Laundry Features | In Area, Main Level |
Exterior
| Lot Features | Rural, Irregular Lot, Cul-De-Sac, Highway Access, Industrial Mall, Quiet Area, Ravine, Shopping Nearby |
|---|---|
| Construction Materials | Aluminum Siding, Brick |
| Roof | Shingle |
| Foundation Details | Unknown |
Parking
| Garage Spaces | 0 |
|---|---|
| Parking Features | Detached Garage, Asphalt, Other |
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | No |
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 4600 |
|---|
Area Information
| Province | ON |
|---|---|
| Region | Niagara |
| City | Welland |
| Postal Code | L3B 5N4 |
| Area | Welland |
| Subarea | 768 Welland Downtown |
| Community Name | 768 Welland Downtown |
| Listing VS Median (in 768 Welland Downtown) | |
Price: $850,000 low | high Med: $299,950 sqft: 1,100 low | high Med: 1,467 $ / sqft: $773 low | high Med: $219 On site: 45 low | high Med: 19.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Niagara |
| City | Welland |
| Postal Code | L3B 5N4 |
| Area | Welland |
| Subarea | 768 Welland Downtown |
| Community Name | 768 Welland Downtown |
| Listing VS Median (in 768 Welland Downtown) | |
Price: $850,000 low | high Med: $299,950 sqft: 1,100 low | high Med: 1,467 $ / sqft: $773 low | high Med: $219 On site: 45 low | high Med: 19.5 | |