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7958 Blackburn Pky 2.8 Acres of Commercial Land Offered at $1,850,000 CAD in Niagara Falls, ON L2H 0L7
INVESTMENT HIGHLIGHTS
- The property may have eligibility for Niagara Gateway Economic Zone Community Improvement Plan funding.
EXECUTIVE SUMMARY
The real estate asset is 2.798 acres of vacant land with Prestige Industrial zoning, which is located within the Montrose Business Park. This parcel of land has approvals to develop an industrial building approximately 29,162 sq. ft. in size but may have opportunity to approve another type or size of structure. The business park is home to multiple new developments and established business, is located in close proximity to two highway interchanges for quick access to the QEW from McLeod Road and Lyon’s Creek interchanges, close to Costco, shopping, banking, amenities, the new South Niagara hospital development, and features a nature reserve with trails at Heartland Forest down the street. The property may have eligibility for Niagara Gateway Economic Zone Community Improvement Plan funding (CIP). With three border crossings to the United States a short drive away, this property may also have eligibility for incentives offered through the Niagara Foreign Trade zone.
PROPERTY FACTS Under Contract
| Price | $1,850,000 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Industrial |
| No. Lots | 1 | Total Lot Size | 2.80 AC |
| Property Type | Land | ||
| Zoning | PI - Prestigious Industrial | ||
| Price | $1,850,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Industrial |
| Total Lot Size | 2.80 AC |
| Zoning | PI - Prestigious Industrial |
1 LOT AVAILABLE
Lot
| Price | $1,850,000 CAD | Lot Size | 2.80 AC |
| Price Per AC | $660,714.29 CAD |
| Price | $1,850,000 CAD |
| Price Per AC | $660,714.29 CAD |
| Lot Size | 2.80 AC |
The corporation is a sole-purpose entity and does not own or operate any other assets. The real estate asset is 2.798 acres of vacant land with Prestige Industrial zoning, which is located within the Montrose Business Park.
DESCRIPTION
The property is located in close proximity to two highway interchanges for quick access to the QEW from McLeod Road and Lyon’s Creek interchanges, close to Costco, shopping, banking, amenities, the new South Niagara hospital development, and features a nature reserve with trails at Heartland Forest down the street.
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7958 Blackburn Pky
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