59 Empire Street

FOR SALE
$1,999,000
59 Empire Street, Welland
59 Empire Street
59 Empire Street
59 Empire Street
59 Empire Street
59 Empire Street
59 Empire Street
59 Empire Street
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0
BEDROOMS
11
BATHROOMS
11
KITCHENS
0
ROOMS
X13813298
MLSID
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Property Description
59 Empire Street, Welland features a fully leased multi-residential investment and intensification opportunity situated on approximately 0.96 acres, former bank building currently configured with 8 residential units and documented potential for increased density within the existing structure. The property also includes a proposed 16-unit stacked townhouse development at the rear, with associated parking, providing the opportunity to significantly expand the residential component of the site. Zoned RM - Residential Medium Density, the property combines stable existing rental income with additional residential intensification and new development potential, "Significant pre-development soft costs have been incurred, including municipal pre-consultation, planning, architectural design and detailed site-plan preparation,
Property Features
Intercom
Property Details
Address
59 Empire Street
Postal Code
L3B 2L3
Property Type
Multiplex, Multiplex
Zoning
RM
Acreage
42,022.0 Feet
Taxes
$9,641 (2025
Basement
None
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
28
Garage Type
None
Listing contracted with Colliers International Niagara Ltd.
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