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149 - 151 Broadway Street Welland, Ontario L3C 5L6

2000 sqft

$799,997

Cashing flowing property with a potential development opportunity nestled on just over half an acre of prime real estate with an impressive 80 feet of frontage and a substantial depth of 279 feet. This versatile property presents itself as an income-generating gem, currently operating as three separate units. Upon arrival, you're greeted by a spacious lot that offers endless possibilities for development. Whether you're looking to expand the existing units, construct additional structures, or explore other ventures, the canvas is yours to create. The existing units are beautifully maintained, offering comfortable living spaces that have proven to be revenue-producing assets. Each unit is thoughtfully designed to accommodate modern lifestyles while retaining the charm and character of the property. With the potential for future land development, this property presents a myriad of opportunities limited only by your imagination. Whether you envision creating a multi-dwelling complex, block/street townhomes, or luxury residences, the scope for growth is vast. Located in a desirable area, this property benefits from its convenient proximity to amenities, schools, and transportation, further enhancing its appeal! Don't miss out on this rare chance to own a piece of property with both immediate income potential and promising future development opportunities. Seize the moment and unlock the endless possibilities that await within this remarkable investment (id:53047)

Property Details

MLS® Number H4185437
Property Type Vacant Land
AmenitiesNearBy Public Transit, Schools
Features Park Setting, Park/reserve

Building

BasementType None
SizeExterior 2000 Sqft
SizeInterior 2000 Sqft
UtilityWater Municipal Water

Land

AccessType River Access
Acreage No
LandAmenities Public Transit, Schools
Sewer Municipal Sewage System
SizeDepth 272 Ft
SizeFrontage 80 Ft
SizeIrregular 80.2 X 272.9
SizeTotalText 80.2 X 272.9|1/2 - 1.99 Acres
SurfaceWater Creek Or Stream

Utilities

Cable Available
Electricity Available
Natural Gas Available
Sewer Available
Telephone Available
Water Available

https://www.realtor.ca/real-estate/26534271/149-151-broadway-street-welland

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