302 Aqueduct ST new

Welland,ON L3C 1E1

$ 2500000

- Bed

- Bath

18157 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

Province 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

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