Welland L3B 5N7

Property

Ownership: For Sale
Type: Land
Bedrooms: Studio
Pets: Pets No

Financials

Price:C27,789,000
($19,771,874)
(€16,931,598)
Annual Taxes:C21,149.66
505 Park Ave, New York, NY 10022

One of the last sizeable heavy industrial vacant land parcels available in the Niagara Region for sale.

Description

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 south of the Main Street Welland Tunnel and just minutes from Highway 406, this site boasts direct access to both the canal and an adjacent rail line. 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 property benefits from the availability of two road access points, the north side of the property off of Udine Avenue and the south side off of Netherby Road. 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 Canadian Federal and Ontario Provincial Governments, to bring economic growth to Niagara Region. As per the Region, the site could be serviced with natural gas, water/wastewater and hydro utilities in the short term. Future possibility for the site to connect with the proposed new 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.

Amenities

  • Available
  • Major Highway

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.