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28 West Main Street Image 1

$1,599,000

Apr 25Investment For Sale
bedroomsbed
washrooms0bath
MLS - #X12105058

28 West Main Street, Welland, ON L3C 4Z6

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Average Price
159900000.0%
Higher than average

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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

About 28 West Main Street

Welcome to Your Next Great Investment Opportunity! Located in the heart of Welland, proudly known as the "Rose City," this historic area offers a unique blend of industrial charm and natural beauty. The iconic Welland Canal, once a vital shipping route, now serves as a scenic backdrop for recreational activities and waterfront living. This vacant, triple-brick building offers an incredible opportunity to create a stunning 14-unit loft-style apartment complex overlooking the historic Bridge 13 and the Welland Canal. Spanning nearly 10,000 sq ft across three expansive floors, the building boasts soaring 13-foot ceilings and floor-to-ceiling windows, flooding the space with natural light and offering unobstructed canal views. Savvy investors will appreciate that major milestones have already been completed: -Site Plan Approval for 14 residential units is in place. -Phase 1 Environmental Site Assessment (ESA) and Building Condition Assessment(BCA) completed. -Permit-ready architectural drawings included. -As is & As complete Appraisal available. This project is primed and ready for a visionary investor to bring it to life and create a true landmark property. Don't miss out on this rare and exciting opportunity!

Home Overview

Last updated

4 days ago

Virtual tour

None

Basement information

Building size

10000

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2024

Listed by RE/MAX ESCARPMENT REALTY INC., BROKERAGE

Additional Details

Basement:N/A
Cooling:No
Heating:Gas Forced Air Open
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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