Proximity to Welland Canal in 14&16 Asher, Welland

Discover Your Next Investment: Exceptional Property for Sale in Welland

Welcome to an extraordinary opportunity in the heart of Welland! This remarkable property for sale in Welland boasts a four-plex building that holds immense potential for the savvy investor. With a listing price of $799,900, this property not only offers immediate benefits but also paves the way for exciting development possibilities that can significantly enhance your investment portfolio.

Unmatched Features and Development Potential

Spanning a generously designed layout, the existing four units in this building are equipped with completely separate meters, making it an ideal choice for rental income. Each unit is currently vacant, allowing new owners to tailor the space to their vision. Additionally, the property has received approval for a minor variance from the City of Welland, setting the stage for an ambitious mid-rise development project consisting of 31 units, including 30 apartments with surface parking. This approval not only demonstrates the city’s support for development but also the immense value that this property holds.

Situated with direct frontage along Asher Street, the location is truly unbeatable. Enjoy seamless connectivity to downtown Welland, where a vibrant community thrives with shops, restaurants, and local attractions. The area is well-served by public transportation, making it an attractive choice for future tenants or homeowners. The local amenities—including sewer, cable, and natural gas—ensure that residents will experience comfort and convenience right at their doorstep.

Investing in this property for sale in Welland means more than just acquiring real estate. It’s about embracing the potential for growth in a community that is on the rise. With modern forced air and central air conditioning systems already in place, the building is ready to offer a comfortable living experience while you navigate the exciting development opportunities ahead.

Don’t miss out on this unique chance to secure a profitable investment in a thriving neighborhood. Whether you’re looking to revitalize existing units or embark on a new development project, this property is poised for success. Schedule a viewing today and take the first step towards making your real estate dreams a reality!