110 Udine Avenue Welland, Ontario L3B 5N7

$27,789,000

One of the last sizeable heavy industrial vacant land parcels available in the Niagara Region for sale. This 92+ acre site along the Welland Canal in the City of Welland presents an outstanding investment opportunity, particularly for manufacturers and businesses seeking to benefit from its strategic location for transportation and logistics. Located south of the Main Street Welland Tunnel and just minutes from Highway 406, this site boasts direct access to both the canal and an adjacent rail line. The General Industrial (G1) zoning permits a wide range of significant Light and Heavy Industrial uses, including Manufacturing/Warehousing & Logistics, Waste Transfer/Processing/Recycling facility, Generating plant, Technology industries and Outside storage. The property benefits from the availability of two road access points, the north side of the property off of Udine Avenue and the south side off of Netherby Road. The south side of the property is across from the Asahi Kasei lithium-ion battery separator plant, a significant joint venture investment supported by the Canadian Federal and Ontario Provincial Governments, to bring economic growth to Niagara Region. As per the Region, the site could be serviced with natural gas, water/wastewater and hydro utilities in the short term. Future possibility for the site to connect with the proposed new Hydro One Welland Thorold 230-kilovolt double-circuit transmission line, providing 400 megawatts of new capacity to the area. Approximately 1 +/- acres is regulated by Niagara Peninsula Conservation Authority as wetland. A Phase I Environmental Assessment was completed in June 2022. (id:60365)

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https://www.realtor.ca/real-estate/28987137/110-udine-avenue-welland-cooks-mills-765-cooks-mills