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$2,225,000
For Sale
302 Aqueduct Street, Welland, ON L3C 1E1
Welland, ON L3C 1E1
Property Sub Type
Land
Property Type
Commercial
Property Use
Designated
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
