INVESTMENT & INDUSTRIAL DEVELOPMENT OPPORTUNITY! Rare 4+ acre property with sought-after GEC(Gateway Economic Centre) zoning under City of Welland Zoning By-law, offering exceptional future potential in a prime, high-demand location. Two fully renovated homes generate immediate rental income: a 3-bedroom (currently tenanted) plus a 2-bedroom, 1-bath, both on full city services. Tucked at the end of a quiet dead-end cul-de-sac, 2 minutes from major retailers and5 minutes to downtown, and directly abutting MTO/Highway 406 lands for outstanding access and exposure. Approximately half the land is cleared and usable; the wooded rear offers hardwoods, softwoods and evergreens, plus a natural pond. Flexible GEC zoning permits a wide range of commercial/industrial uses including light industrial, warehouse/public storage, trucking operation, parking lot (truck & vehicle parking), repair shops & services, custom workshop, contractor's establishment, heavy equipment sales/rental/service, commercial school, technology industry, research & development and many more (outside storage permitted as an accessory use).A turnkey income property with exceptional long-term upside, ideal for investors, developers and owner-operators. See attached zoning schedule for the full list of permitted uses. Don't miss this commercial/industrial land opportunity with existing residential cash flow!
25 days
|
56
|
4
|
Zillow last checked:
Listing updated:
Listed by:
Nav Takkar, Broker,
Re/Max President Realty
Source: ITSO,MLS®#: 40849356Originating MLS®#: Cornerstone Association of REALTORS®
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1
Main level bedrooms: 1
Bedroom
Level: Second
Bedroom
Level: Second
Bedroom
Level: Main
Bathroom
Features: 3-Piece
Level: Main
Bathroom
Features: 3-Piece
Level: Second
Dining room
Level: Main
Laundry
Level: Main
Living room
Level: Main
Heating
Forced Air
Cooling
Central Air
Appliances
Included: Water Heater, Dryer, Refrigerator, Stove, Washer
Laundry: In Area, Main Level
Features
Water Meter
Basement: Full,Unfinished
Has fireplace: No
Interior area
Total structure area: 1,100
Total interior livable area: 1,100 sqft
Finished area above ground: 1,100
Property
Parking
Total spaces: 6
Parking features: Detached Garage, Asphalt, Other, Front Yard Parking