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28 W Main St 9,450 SF 100% Leased Retail Building Welland, ON L3C 4Z6 $1,599,000 CAD ($169.21 CAD/SF)



EXECUTIVE SUMMARY
Welcome to Your Next Great Investment Opportunity! Located in the heart of Welland, proudly known as the "Rose City," this historic area offers a unique blend of industrial charm and natural beauty. The iconic Welland Canal, once a vital shipping route, now serves as a scenic backdrop for recreational activities and waterfront living. This vacant, triple-brick building offers an incredible opportunity to create a stunning 14- unit loft-style apartment complex overlooking the historic Bridge 13 and the Welland Canal. Spanning nearly 10,000 sq ft across three expansive floors, the building boasts soaring 13-foot ceilings and floor-to ceiling windows, flooding the space with natural light and offering unobstructed canal views. Savvy investors will appreciate that major milestones have already been completed: -Site Plan Approval for 14 residential units is in place. -Phase 1 Environmental Site Assessment (ESA) and Building Condition Assessment(BCA) completed. -Permit-ready architectural drawings included. -As is & As complete Appraisal available. This project is primed and ready for a visionary investor to bring it to life and create a true landmark property. Don't miss out on this rare and exciting opportunity!
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront
Building Size
9,450 SF
Building Class
C
Year Built
1890
Price
$1,599,000 CAD
Price Per SF
$169.21 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.17
Lot Size
0.10 AC
Zoning
DMC - Downtown Mixed Centre
AMENITIES
- Signalized Intersection
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (85)
NEARBY MAJOR RETAILERS
1 of 8
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28 W Main St
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