Description

Bring your vision to life on this prime vacant lot with INSH (Health & Wellness) zoning. Positioned directly across from the Empire Sportsplex and steps to the Recreational Waterway trails & Highway #58/Prince Charles Drive/Hwy 140. This is the ultimate location for a unique destination restaurant. The zoning permits restaurants, medical office, lab, and recreational facilities-perfect for a craft beer/cider house concept or moving an existing character home onto the lot to create a one-of-a-kind brewpub with a patio! With vertical potential to build Up to 8 storeys 24m in height for some zoning applications. A few other permitted uses listed are townhouse, single detached & two unit dwellings (id:66096)

Market Timing

Days on market

35d

Welland (Broadway) listings, avg age

63d

Price / ft²

$36

List price

$275K

Haho

This vacant land in Welland (Broadway) has been listed for 35 days, which is 28 days fresher than the city average of 63. Act while there is still low competition.

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Area context

Neighbourhood profile (L3B)

This home lists at $275,000, about 4.1× the local median household income of $66,500.

Carrying it typically needs a household income of about $53,717 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $66,500
Population: 25,869
Median age: 43.2
Owner / renter: 66% / 35%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L3B)

$275,000· $36/ft²

For sale

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Financing

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26 Shaw Street, Welland (Broadway) - Vacant Land for Sale

Description

Property Details

Market Timing

Location

Nearby Places

Neighbourhood profile (L3B)

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Need a commercial mortgage?