Welland, ON L3B 3C8,141 Plymouth Road
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Welland, ON L3B 3C8,141 Plymouth Road
Welland, ON L3B 3C8,141 Plymouth Road
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$ 2,950,000
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141 Plymouth Road Welland, ON L3B 3C8

28 Beds

1 Bath

12,572 SqFt


UPDATED:

10/16/2024 05:51 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 12,572 sqft

Price per Sqft $234

MLS Listing ID 40663673

Bedrooms 28

Abv Grd Liv Area 12,572

Originating Board Niagara

Annual Tax Amount $26,815

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

Area Welland

Zoning INSH

Direction Plymouth Rd and THird St

Rooms

Basement None

Kitchen 0

Interior

Interior Features Other

Heating Radiant

Cooling Wall Unit(s)

Fireplace No

Appliance Refrigerator, Stove

Laundry Shared

Exterior

Garage Attached Garage

Waterfront No

Roof Type Asphalt Shing

Lot Frontage 110.97

Garage No

Building

Lot Description Hospital

Faces Plymouth Rd and THird St

Story 3

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 3

New Construction No

Others

Senior Community false

Tax ID 641220238

Ownership Freehold/None


Listed by Non-MEM Brokerage

Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

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141 Plymouth Road