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$ 2,500,000
Est. payment | /mo
18,158 SqFt
$ 2,500,000
Est. payment | /mo
18,158 SqFt
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Square Footage 18,158 sqft
Price per Sqft $137
Subdivision 767 - N. Welland
MLS® Listing ID X12261320
Source Niagara Association of REALTORS®
Property Description
Opportunity meets location. Vacant land strategically positioned in unique Commercial Corridor Zone. Establish your presence in a thriving urban hub. Lot is ready for construction with a new sewer lateral. Close to the busy corner of Thorold Road and Niagara St. and on the section of Aqueduct St which has been recently reconstructed with speed bumps to slow and limit traffic which makes it ideal for a first class apartment or condo building. Neighborhood is well established, close to schools, churches, canal recreational lands, world class rowing, exceptional walking trails, shopping, Seaway Mall. **EXTRAS** New municipal address will be created subject to final severence. SELLERS WILL CONSIDER A GROUND LEASE. GROUND LEASE AGREEMENT TERMS TO BE NEGOTIATED DEPENDENT ON LESSEE'S INTENDED USE OF LAND. LESSOR OFFERS A 50+ YEAR GROUND LEASE. RENT WILL BE ADJUSTEDTO CONSUMER PRICE INDEX FOR INFLATION. A $300,000 NON-REFUNDABLE SECURITY DEPOSIT UPON POSSESSION REQUIRED.SEE VACANT LAND LEASE (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by HYNDE REALTY INC, BROKERAGE
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