Active
141* Plymouth Rd
Welland Ontario, L3B 3C8
C$2,950,000
Active
Commercial
A unique opportunity in the heart of Welland, it's a gem waiting to be polished! Buy and Hold or develop (a proposed 10-storey 149 unit purpose built apartment building)! Sitting just shy of an acre, this property is nestled within walking distance to parks, public transportation, amenities and critical public infrastructure. The mixed use site offers a multitude of avenues to maintain, stabilize or increase income streams for its future owner. Property is not leased to max capacity providing an opportunity to update/reno suites and bring in tenants at increased rental rates. The proximity to Welland County General Hospital provides an incredible opportunity to take advantage of the mixed use zoning, (INSH) Institutional Services & Health, allowing investors to potentially provide needed commercial services to the public in the area. Lots of upside with this property from multiple angles.
X9351928
MLSⓇ ID
October 12, 2024
Updated
Map
141* Plymouth Rd
Welland Ontario, L3B 3C8
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Y
Heating
Yes
Heating Description
Baseboard
Exterior/Building Features
Sewer
SanStorm
Other Property Details
Taxes
$26,815
Tax Frequency
Annually
Garage
No
Parking
Outside/Surface
View
No
County
Ontario
Municipality
Welland
Water Source
Municipal
Pool
No
Zoning
INSH
Courtesy of Listed by , COLLIERS,
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Data last updated 1:22 AM UTC, 10/12/2024