21 Seaway Drive, Welland
21 Seaway Drive, Welland, ON, L3C 7J5
For Sale
Property Highlights
-
- An exceptional 37,205 SF retail cash flow opportunity consisting of 7 Tenants strategically located in a commercial node adjacent to Seaway Mall.
- This 3.3-acre site is designated for retail commercial and is currently zoned C2 with C3 permitted uses. The zoning allows for a wide range of uses including retail stores, shopping centres, personal service shops, supermarkets, athletic / fitness centres, business offices, clinics and more.
- The official plan supports Regional Shopping Node for this area.
- The property offers excellent visibility along arterial roads that provide direct access to the region’s main highway.
- The building is serviced by municipal sanitary and storm sewers, as well as municipal drinking water, and is heated by rooftop-mounted natural gas-fed HVAC units.
- Ample parking with pylon signage available.
- Shadow anchored by National Tenants such Burger King, Winners, Dollarama, Sport Check & Shoppers Drug Mart.
- Minutes away from Highway #406 and Niagara College.
Property Details
- Price: $9,180,000
- Property Type: Retail
- Availability: Available
- Transaction Type: For Sale
- Building Size: 37,205 SF
- Lot Size: 3.3 AC
- Units: 7
- Price / SF: $246.74 PSF
- Price / Acre: $2.78 Million
- NOI: $460,000
Financial Summary
Investment Highlights
| Price | $0.00 |
| Price / Unit | $0.00 |
| Gross Rent Multiplier | 0.00 |
| Proposed Loan Amount | $0.00 |
| Initial Investment | $0.00 |
Income & Expenses
Income |
Potential |
Current |
Expense |
Potential |
Current |
Total Expenses |
$ 0.00 |
$ 0.00 |
| Net Operating Income | $0.00 | $0.00 |
| Less Debt Service | $0 | $0 |
| Potential Net Cash Flow | $0.00 | $0.00 |
| Cash on Cash Return | 0.00 % | 0.00 % |
| Capitalization Rate | 0.00 % | 0.00 % |
Rent Roll
Unit |
BR/BA |
Current Monthly Rent |
Potential Monthly Rent |
Status |
Lease Expires |
|
Totals |
$ 0.00 |
$ 0.00 |
||||
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.