811 East Main Street, Welland, ON Image 1

$1,999,900

Land For Sale
MLS - #X12039184
5 days ago- By RE/MAX ESCARPMENT REALTY INC.

811 East Main Street, Welland, ON L3B 3Y6

Bed
Bath
23594 Sqft.

Property Description

Property type

Land

Lot size

N/A

Style

Approx. Area

23594 Sqft

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

5 days ago

Virtual tour

None

Basement information

Building size

23594

Status

In-Active

Property sub type

Land

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:N/A
Heating:N/A
Parking Features:N/A
0
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.

Location

Walking Icon

Walk Score for 811 East Main Street

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$7638.26/ month
$1,599,920 Principal and Interest
$1,919,904 Property Taxes

Some information about this property - East Main Street

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