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,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2024 Toronto Real Estate Board. All rights reserved. 

Data last updated 1:22 AM UTC, 10/12/2024

 

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