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28 W Main St 9,450 SF 100% Leased Retail Building Welland, ON L3C 4Z6 $1,145,481 USD ($121.21 USD/SF)

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EXECUTIVE SUMMARY

Welcome to Your Next Great Investment Opportunity! Located in the heart of Welland, proudly known as the "Rose City," this historic area offers a unique blend of industrial charm and natural beauty. The iconic Welland Canal, once a vital shipping route, now serves as a scenic backdrop for recreational activities and waterfront living. This vacant, triple-brick building offers an incredible opportunity to create a stunning 14- unit loft-style apartment complex overlooking the historic Bridge 13 and the Welland Canal. Spanning nearly 10,000 sq ft across three expansive floors, the building boasts soaring 13-foot ceilings and floor-to ceiling windows, flooding the space with natural light and offering unobstructed canal views. Savvy investors will appreciate that major milestones have already been completed: -Site Plan Approval for 14 residential units is in place. -Phase 1 Environmental Site Assessment (ESA) and Building Condition Assessment(BCA) completed. -Permit-ready architectural drawings included. -As is & As complete Appraisal available. This project is primed and ready for a visionary investor to bring it to life and create a true landmark property. Don't miss out on this rare and exciting opportunity!

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront
Building Size
9,450 SF
Building Class
C
Year Built
1890
Price
$1,145,481 USD
Price Per SF
$121.21 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.17
Lot Size
0.10 AC
Zoning
DMC - Downtown Mixed Centre

AMENITIES

  • Signalized Intersection
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

RBC Royal Bank
TD Canada Trust
Anytime Fitness
Tim Hortons
Crunch Fitness
No Frills
Scotiabank
CIBC
  • Listing ID: 35744246

  • Date on Market: 5/5/2025

  • Last Updated:

  • Address: 28 W Main St, Welland, ON L3C 4Z6

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