$1,570,000
 $8,428 est/mo Sourced by Back At You

226 Crafter Crescent , Welland, ON L3B 5N7

Welland, ON L3B 5N7

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Description

Power of Sale .....This 43.6-acre parcel of former industrial land is in South Welland, Niagara, with easy access to key highways (58, 140, and 406), providing excellent exposure and transport options. Currently zoned O2 Community Open Space, the site has a range of permitted uses, including recreational facilities (arena, botanical garden, parks, etc.), community-oriented spaces (community center, play-lots, shelters), and ancillary uses like restaurants and retail establishments. The land is in an area designated as part of the Brownfield CIP (Community Improvement Plan), meaning it may require environmental remediation or assessment before redevelopment. Additionally, a portion of the site lies within the Niagara Gateway Economic Zone and Centre CIP area, which is designated as a "Strategic Location for Investment." This further highlights the area's potential for revitalization and development. Interestingly, despite the current O2 zoning, the City of Welland has shown interest in converting this land back to industrial use, which could offer significant redevelopment opportunities for industrial or commercial projects. In summary, this site provides a unique opportunity for developers interested in open space or community-oriented development, while also offering the potential for industrial redevelopment, depending on future zoning decisions by the city. This property is being sold as is, where is. The Seller makes no representations regarding the state of the property. Please see attached permitted uses. Buyer to do their own due diligence.

Details

MLS#X11913299
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site9
Listing Provided ByRE/MAX SPECIALISTS TAVSELLS INC. | Not Provided

Features

SQ Feet1,899,216
Acreage43.60
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 51 minutes ago
StateON
CountyNiagara
CityWelland
Zip CodeL3B 5N7
Area772 Broadway
Listing VS Median (in L3B 5N7)
Price:
$1,570,000
low | high
Med:
$785,000
99.999968152866% of Average
SqFt:
1,899,216
low | high
Med:
1,559,448
67.889908256881% of Average
$ / SqFt:
$1
low | high
Med:
$0
99.999950409463% of Average
On Site:
9
low | high
Med:
48.000000
18.75% of Average
Sourced by Back At You
Listing Updated: January 11, 2025 at 9:16:59 AM PST