811 East Main Street Image 1

$1,999,900

1 day agoLand For Sale
bedroomsbed
washrooms0bath
MLS - #X12039184

811 East Main Street, Welland, ON L3B 3Y6

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Similar Homes Found
$0
Average Price
199990000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Land

Lot size

N/A

Style

Approx. Area

N/A

About 811 East Main Street

Prime downtown corner lot with 200' of frontage on East Main St plus 2 more frontages on side streets. Zoned CC2 Commercial with a wide range of permitted uses, like retail, drive thru, commercial plaza with financial & medical businesses, or residential on top with retail below, so many possibilities. Listing Supplements include the CC2 zoning permitted uses, or email agent for a copy. The Niagara region as a whole is experiencing explosive growth across many industries. Welland itself is growing with many projects including the Empire Homes Canal project that is building 2200 new homes, and the Honda EV plant that is set to open by 2027. This means commercial development opportunities are ripe in this area, and investors can position themselves easily with this corner lot on a main road for years and years to come. Seller is willing to hold VTB 1st mortgage with 35% down and offering reasonable commercial rates.

Home Overview

Last updated

1 day ago

Virtual tour

None

Basement information

Building size

23594

Status

In-Active

Property sub type

Land

Maintenance fee

$N/A

Year built

--

Listed by RE/MAX ESCARPMENT REALTY INC.

Additional Details

Basement:N/A
Cooling:N/A
Heating:N/A
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$NaN/ month
$1,599,920 Principal and Interest
$NaN Property Taxes

Location

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Walk Score for 811 East Main Street

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