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$ 2,500,000
Est. payment | /mo
18,157 SqFt
$ 2,500,000
Est. payment | /mo
18,157 SqFt
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 18,157 sqft
Price per Sqft $137
Subdivision 767 - N. Welland
MLS Listing ID X12261320
Building Age New
Tax Year 2025
Property Sub-Type Land
Property Description
Opportunity meets location. Vacant land strategically positioned in unique Commercial Corridor Zone. Establish your presence in a thriving urban hub. Lot is ready for construction with a new sewer lateral. Close to the busy corner of Thorold Road and Niagara St. and on the section of Aqueduct St which has been recently reconstructed with speed bumps to slow and limit traffic which makes it ideal for a first class apartment or condo building. Neighborhood is well established, close to schools, churches, canal recreational lands, world class rowing, exceptional walking trails, shopping, Seaway Mall. **EXTRAS** New municipal address will be created subject to final severence. SELLERS WILL CONSIDER A GROUND LEASE. GROUND LEASE AGREEMENT TERMS TO BE NEGOTIATED DEPENDENT ON LESSEE'S INTENDED USE OF LAND. LESSOR OFFERS A 50+ YEAR GROUND LEASE. RENT WILL BE ADJUSTEDTO CONSUMER PRICE INDEX FOR INFLATION. A $300,000 NON-REFUNDABLE SECURITY DEPOSIT UPON POSSESSION REQUIRED.SEE VACANT LAND LEASE
Location
State ON
County Niagara
Community 767 - N. Welland
Area Niagara
Zoning CC2 COMMUNITY COMMERCIAL CORRIDOR
Interior
Inclusions NIL
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Available
Lot Frontage 92.52
Lot Depth 196.32
Listed by HYNDE REALTY INC, BROKERAGE
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