Welland, ON L3B 5B7,40 Seventh ST
Welland, ON L3B 5B7,40 Seventh ST
Welland, ON L3B 5B7,40 Seventh ST
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$2,450,000
Est. payment /mo
3 Baths
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Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Subdivision 773 - Lincoln/Crowland

MLS Listing ID X12701018

Annual Tax Amount $28,334

Tax Year 2025

Property Sub-Type Industrial

Property Description

40 Seventh Street in Welland is unique property with a lot of opportunity. The building is currently vacant but was being used for a B2B showroom and warehouse and distribution which the city has indicated might be permitted to continue for future occupiers. The property has current zoning of INSH which is health and wellness/institutional uses, and it also allows for residential redevelopment. The property has the potential to cater to industrial warehousing similar to the existing operation or be converted or redeveloped to institutional uses, mixed use, and residential development. For warehouse occupiers with interest in the existing structure it is equipped with a loading dock and one grade level door, 10-16 ft. clear height, 200 amp power, and approximately 2500 sq. ft. of office area. For conversion you can re-develop the 1.63 acres of land for institutional or mixed use with residential which allows up to 8 storeys.

Location

Province ON

County Niagara

Community 773 - Lincoln/Crowland

Area Niagara

Zoning INSH

Interior

Cooling Partial

Exterior

Utilities Available Available

Lot Frontage 359.29

Lot Depth 235.92

Others

Security Features No

ParcelsYN No


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Listed by CBRE LIMITED

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40 Seventh ST