ON > Welland
Welland, ON L3B 3C8,141 PLYMOUTH RD
Welland, ON L3B 3C8,141 PLYMOUTH RD
Welland, ON L3B 3C8,141 PLYMOUTH RD
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Mahesh Khatri

Mahesh Khatri

+1(416) 464-6568
$ 2,950,000
Est. payment | /mo

28 Beds

1 Bath

12,572 SqFt

Save
$ 2,950,000
Est. payment | /mo
Save

28 Beds

1 Bath

12,572 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 12,572 sqft

Price per Sqft $234

MLS Listing ID X9415364

Bedrooms 28

Annual Tax Amount $26,815

Tax Year 2023

Lot Size 0.500 Acres

Property Description

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.

Location

Province ON

County Niagara

Zoning INSH

Rooms

Basement None

Kitchen 0

Interior

Interior Features Other

Cooling Wall Unit(s)

Inclusions Other

Laundry Shared

Exterior

Garage Spaces 9.0

Pool None

Utilities Available Unknown

Roof Type Asphalt Shingle

Parking Type Attached

Total Parking Spaces 9

Building

Foundation Poured Concrete

Others

Senior Community No

Security Features Unknown

Listed by COLLIERS
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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141 PLYMOUTH RD

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