Investors & Builders, Don't Miss !! Amazing Investment and Building Opportunity !! Redevelopment Potential !! Niagara Region Is Rapidly Expanding And This Could Be Your Chance To Get In. Downtown Mixed Use Centre (DMC) Zoning Allows For 8 Storey Apartment Building, Student Residency, Retirement Home. Presently A Residential Dwelling With A Large Office, Converted From Previous 4 Unit Plaza. Can Easily Be Returned To 4 Separate Units For Short Term Rental like Air BnB, Restaurant, Hotel, Daycare, Boarding House, Residential Dwellings, Retail. Great Opportunity To Own A 4800 Sq Ft Main Floor Fully updated Building in Downtown Welland, Get Rental Income While You Wait For City Permissions.
Zoning requires only 0.3 parking for each apartment of 50 sq mt. This is Community Improvement Plan area. Many rebates and grants available for development, Great Exposure, Close To All Amenities.
Broker: International Realty Firm Inc