141 PLYMOUTH Road, Welland | Image 1

141 PLYMOUTH Road

Welland, 773 - Lincoln/Crowland

  • Commercial

$X,XXX,XXX
For Sale

Added 3 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: INSH

  • Age: No Data

  • Taxes: 26815.47

  • MLS®#: X9415364

  • Days on Site: 62 Days

  • Added: Sep 16, 2024 (3 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: COLLIERS

A unique opportunity in the heart of Welland, it's a gem waiting to be polished! Buy and Hold or develop (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.

Property

  • Status: Sale

  • Property Type: Investment

  • Area: Welland

  • Community: 773 - Lincoln/Crowland

  • Availability Date: Flexible

  • Assessment Amount: $861,000

  • Assessment Year: 2024

Inside

  • Bathrooms: 1

  • Air Conditioning: Wall Unit

  • Washrooms: 1

Building

  • Basement: N

  • Heat Type: Radiant

  • Water Supply: Municipal

Parking

  • Garage Type: Attached

Fees

  • Tax Year: 2023

  • Tax Legal Description: PLAN 574 PT BLK D

  • Taxes: $26,815

Land

  • Cross Street: Plymouth Rd and THir

  • Municipality District: Welland

  • Parcel Number: 641220238

  • Sewer: Sewers

  • Lot Frontage: 110.97

  • Zoning: INSH

Commercial Specific

  • Total Area: 12572

  • Total Area Metric: Sq Ft

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