$1,399,999
Available - For Sale
Listing ID: X13481154
790 Clare Avenue , Welland, L3C 3C1, Niagara
| This is a prime investment/re-development opportunity. The lot is under severance with the city to construct 2 detach houses in the back. It is currently zoned commercial and presently used as a Variety store with a drive through. This property could be used for endless options subject to city's approval. Current zoning would allow commercial and/or residential uses. The present building is sprawled over 2860 square foot and set on a lot measuring 100.32 by 219.29 feet (21999 sqft lot).The total area of the lot promises limitless possibilities, very close to Niagara College and Seaway Mall, Highway 406 is not far away. Environment study and inspection is under way for construction of 2 houses. Price includes the price of both the lots.100k has already been spent to develop the 2 lots. The commercial lot on the front is a successful and profitable operating Variety store with a 2 bed apartment on the upper floor with one washroom. Another washroom is on the main floor. One of the rare Variety stores with a drive through. The Vendor is flexible with the option of selling just the commercial lot condition to severance by the city. This option shall include the land and building plus the operating business, all chattels and equipment. Inventory is not included. Sales of the store and Lotto commission shall be provided on a conditional offer. Fantastic opportunity for developers and builders to buy the corner double lots for commercial use and to take over the property to build 2 detach houses. Its a heavy traffic area at the intersection of Woodland and Clare Ave. |
| Price | $1,399,999 |
| Taxes: | $11159.93 |
| Tax Type: | Annual |
| Occupancy: | Owner |
| Address: | 790 Clare Avenue , Welland, L3C 3C1, Niagara |
| Postal Code: | L3C 3C1 |
| Province/State: | Niagara |
| Legal Description: | PT TWP LT 245 THOROLD , AS IN RO510667 & |
| Directions/Cross Streets: | Woodlawn & Clare |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 |
| Category: | Retail |
| Building Percentage: | T |
| Total Area: | 2860.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 880 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Business/Building Name: | Golden Variety |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Employees #: | 0 |
| Washrooms: | 2 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary |
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Niagara |
| Municipality: | Welland |
| Neighbourhood: | 767 - N. Welland |
| Tax: | $11,159.93 |
| Baths: | 2 |
| Fireplace: | N |
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