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110 Udine Ave 92.52 Acres of Industrial Land Offered at $19,907,301 USD in Welland, ON L3B 5N7
INVESTMENT HIGHLIGHTS
- Minutes from Highway 406 with direct canal and rail access.
- Potential eligibility for tax reductions or grants for new development projects.
- Across from Asahi Kasei lithium-ion battery separator plant, a major joint venture supported by Federal and Provincial Governments.
- Situated in the Niagara Gateway Economic Zone and Centre Community Improvement Plan Area.
- Two road access points: Udine Ave (north) and Netherby Rd (south).
EXECUTIVE SUMMARY
One of the last sizeable heavy industrial vacant land parcels available in the Niagara Region for sale. This 92+ acre site along the Welland Canal in the City of Welland presents an outstanding investment opportunity, particularly for manufacturers and businesses seeking to benefit from its strategic location for transportation and logistics. Located just minutes from Highway 406, this site boasts direct access to both the canal and an adjacent rail line. The property is also located in the Niagara Gateway Economic Zone and Centre Community Improvement Plan Area. New development projects may be eligible for tax reductions or grants. The General Industrial (G1 ) zoning permits a wide range of significant Light and Heavy Industrial uses, including Manufacturing/Warehousing & Logistics, Waste Transfer/Processing/Recycling facility, Generating plant, Technology industries and Outside storage. The site has the availability of two road access points. Udine Ave. on the northside and Netherby Rd. on the southside. The south side of the property is across from the Asahi Kasei lithium-ion battery separator plant, a significant joint venture investment supported by the Federal and Provincial Governments, to bring economic growth to Niagara Region. Municipal services are available along Rusholme Road, 280 metres from the lot line. Future possibility for the site to connect with the proposed Hydro One Welland Thorold 230-kilovolt double-circuit transmission line, providing 400 megawatts of new capacity to the area. Approximately 1 +/- acres is regulated by Niagara Peninsula Conservation Authority as wetland. A Phase I Environmental Assessment was completed in June 2022.
PROPERTY FACTS
| Price | $19,907,301 USD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Industrial |
| Sale Condition | Redevelopment Project | Total Lot Size | 92.52 AC |
| No. Lots | 1 | ||
| Zoning | G1 - General Industrial | ||
| Price | $19,907,301 USD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 92.52 AC |
| Zoning | G1 - General Industrial |
1 LOT AVAILABLE
Lot
| Price | $19,907,301 USD | Lot Size | 92.52 AC |
| Price Per AC | $215,167.54 USD |
| Price | $19,907,301 USD |
| Price Per AC | $215,167.54 USD |
| Lot Size | 92.52 AC |
92+ acre site
DESCRIPTION
92+ acres of heavy industrial land along the Welland Canal in the City of Welland, Niagara Region.
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110 Udine Ave
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