141 Plymouth Rd , Welland, ON L3B
Welland, ON L3B
Description
A unique opportunity in the heart of Welland, it's a gem waiting to be polished! Buy and Hold or developed (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.
Details
| MLS# | X11578143 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 49 |
| Listing Provided By | COLLIERS | Not Provided |
Features
| SQ Feet | 12,572 |
|---|
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Learn More About This Property
| State | ON |
|---|---|
| County | Niagara |
| City | Welland |
| Zip Code | L3B |
| Listing VS Median (in L3B) | |
Price: $2,099,999 low | high Med: $649,945 SqFt: 12,572 low | high Med: 2,462 $ / SqFt: $167 low | high Med: $336 On Site: 49 low | high Med: 61.500000 | |