Address
109-111,115-117 DIVISION Street Welland, ON
Price
$ 3,387,776
Property Attributes
  • ID#40115622
  • TypeCommercial
  • CityWelland
  • AreaNiagara
  • NeighbourhoodMarket Square
  • Postal CodeL3B 3Z8
  • Style
  • Price$ 3,387,776
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Shawn Schertzing with Re/Max Niagara Team Zing Realty
Data Source:
RLP - CREA EN
Property Description

Major downtown investment opportunity! Located on a half-acre downtown corner and only steps away from the Welland Market and the Welland Canal, these two buildings offer about 23,500 square feet of endless possibilities, including the potential for 15 residential units plus 2 commercial units. In the City of Welland, commercial spaces can be converted to 75-85% residential and the rest a commercial storefront. Developer incentive opportunities could include a city façade program and freezing property taxes with qualifying improvements. Buyer to complete their own due diligence. Zoning: Downtown Mixed Use-which includes a variety of commercial/residential uses. The two buildings must be sold together: 109-111 Division St (MLS#40111402) and 115-117 Division St (MLS#40111409).

Exterior Features

Lot Frontage 132.00
Jumpid 15084050
Mls 40115622

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L3B 3Z8

Price
AVG $2.26M
$3.39M
Visits
AVG 259
250
Year Built
AVG 1931
1931
Walkscore
AVG 53
53
Data Provided by Walkscore ® not using MLS data