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Dennis Mehravar

[email protected] +1(519) 498-1229

Listed by Rob Golfi • RE/MAX Escarpment Golfi Realty Inc.

$ 999,000

Est. payment -/mo

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Active

49 Division Street Welland, ON L3B 3Z5

100 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 100 sqft

Price per Sqft $9,990

MLS Listing ID 40858722

Abv Grd Liv Area 100

Annual Tax Amount $11,000

Property Sub-Type Building and Land

Source Cornerstone

Property Description

Prime downtown Welland opportunity with exceptional development potential! Strategically located in the heart of the city, this versatile property offers flexible zoning with a wide range of permitted uses, making it ideal for investors, developers, and business owners. Potential uses include short-term accommodations, professional offices, retirement residences, boarding houses, mixed-use and various commercial applications. Zoning permits development of up to 8 storeys, providing significant potential to maximize the property's value. Ideally situated within walking distance to the Welland Canal, downtown shops, restaurants, services, and amenities. Located in an area experiencing continued revitalization and investment, this is an excellent opportunity to secure a property with long-term upside and multiple development possibilities. Seller may consider attractive Vendor Take-Back (VTB) financing for qualified buyers. A rare opportunity to bring your vision to life in the growing downtown core of Welland!

Location

Province ON

County Niagara

Area Welland

Zoning DMC

Direction King Street to Division

Rooms

Basement None

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 80.83

Lot Depth 118.0

Garage No

Building

Lot Description Ample Parking, Business Centre, City Lot, High Traffic Area, Highway Access, Hospital, Public Transit, Schools

Faces King Street to Division

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community No

Tax ID 641070369

Ownership Freehold/None

NEARBY SCHOOLS & PROPERTIES

Dennis Mehravar

Broker

+1(519) 498-1229

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