$2,950,000
Available - For Sale
Listing ID: X9351928
141* Plymouth Pl , Welland, L3B 3C8, Ontario
| 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. |
| Price | $2,950,000 |
| Taxes: | $26815.47 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 141* Plymouth Pl , Welland, L3B 3C8, Ontario |
| Postal Code: | L3B 3C8 |
| Province/State: | Ontario |
| Legal Description: | PART BLOCK D, PLAN 574 AS IN RO641442; P |
| Directions/Cross Streets: | Plymouth/Third St |
| Category: | Apartment |
| Use: | Apts-13 To 20 Units |
| Building Percentage: | Y |
| Total Area: | 12572.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 12572 |
| Office/Appartment Area Code: | Sq Ft |
| Approximatly Age: | 51-99 |
| Sprinklers: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Y |
| Elevator Lift: | None |
| Sewers: | San+Storm |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| COLLIERS |
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The Bhangoo Group
ReSale & PreSale
Bus:
905-783-1000
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Niagara |
| Municipality: | Welland |
| Approximate Age: | 51-99 |
| Tax: | $26,815.47 |
Locatin Map:
Payment Calculator:
Avtar Bhangoo
Broker a.bhangoo@yahoo.com NSD, Brokerage Independently owned and operated. 1 Gateway Blvd Suite #200, Brampton , Ontario L6T0G3 Office: 905-783-1000 Cell: 416-618-0119
Aman Bhangoo
Broker a.bhangoo@yahoo.com NSD, Brokerage Independently owned and operated. 1 Gateway Blvd Suite #200, Brampton , Ontario L6T0G3 Office: 905-783-1000 Cell: 647-407-9500
