INVESTMENT & INDUSTRIAL DEVELOPMENT OPPORTUNITY! Rare 4+ acre property with sought-after GEC(Gateway Economic Centre) zoning under City of Welland Zoning By-law, offering exceptional future potential in a prime, high-demand location. Two fully renovated homes generate immediate rental income: a 3-bedroom (currently tenanted) plus a 2-bedroom, 1-bath, both on full city services. Tucked at the end of a quiet dead-end cul-de-sac, 2 minutes from major retailers and5 minutes to downtown, and directly abutting MTO/Highway 406 lands for outstanding access and exposure. Approximately half the land is cleared and usable; the wooded rear offers hardwoods, softwoods and evergreens, plus a natural pond. Flexible GEC zoning permits a wide range of commercial/industrial uses including light industrial, warehouse/public storage, trucking operation, parking lot (truck & vehicle parking), repair shops & services, custom workshop, contractor's establishment, heavy equipment sales/rental/service, commercial school, technology industry, research & development and many more (outside storage permitted as an accessory use).A turnkey income property with exceptional long-term upside, ideal for investors, developers and owner-operators. See attached zoning schedule for the full list of permitted uses. Don't miss this commercial/industrial land opportunity with existing residential cash flow! (id:15069)
| MLS® Number | X13580516 |
| Property Type | Single Family |
| Community Name | 768 - Welland Downtown |
| Equipment Type | Water Heater |
| Parking Space Total | 6 |
| Rental Equipment Type | Water Heater |
| Structure | Shed |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 5 |
| Appliances | Water Heater, Dryer, Two Stoves, Washer, Two Refrigerators |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding, Brick |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 700 - 1,100 Sqft |
| Type | House |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Frontage | 172 Ft |
| Size Irregular | 172 Ft |
| Size Total Text | 172 Ft |
| Surface Water | Lake/pond |
| Zoning Description | Gec |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom 2 | 4.01 m | 3.76 m | 4.01 m x 3.76 m |
| Second Level | Bedroom 3 | 4.17 m | 2.84 m | 4.17 m x 2.84 m |
| Main Level | Dining Room | 4.17 m | 2.9 m | 4.17 m x 2.9 m |
| Main Level | Living Room | 5.38 m | 4.06 m | 5.38 m x 4.06 m |
| Main Level | Laundry Room | 3.96 m | 3.66 m | 3.96 m x 3.66 m |
| Main Level | Bedroom | 3.96 m | 3.66 m | 3.96 m x 3.66 m |
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