40 Seventh Street
Welland, ON
3 bath • 16,578 sqft • Industrial • 223 days on market
40 Seventh Street in Welland is unique property with a lot of opportunity. The building is currently vacant but was being used for a B2B showroom and warehouse and distribution which the city has indicated might be permitted to continue for future occupiers. The property has current zoning of INSH which is health and wellness/institutional uses, and it also allows for residential redevelopment. The property has the potential to cater to industrial warehousing similar to the existing operation or be converted or redeveloped to institutional uses, mixed use, and residential development. For warehouse occupiers with interest in the existing structure it is equipped with a loading dock and one grade level door, 10-16 ft. clear height, 200 amp power, and approximately 2500 sq. ft. of office area. For conversion you can re-develop the 1.63 acres of land for institutional or mixed use with residential which allows up to 8 storeys.
Listing Details
- Taxes (2025)
- $28,334
- Listed
- January 15, 2026
Price History
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- King Street
- Zoning
- INSH
- Parcel Number
- 641220120
- Possession
- Immediate
Commercial
- Business Type
- Other
- Occupancy
- Vacant
- Office / Apartment Area
- 2500 Sq Ft
Community
Postal area L3B
- Population
- 25,869
- Private dwellings
- 11,617
- Median age
- 43.2
- Average household size
- 2.3
- Median household income
- $66,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Welland · last 12 months
- Median sold price
- $532,500
- Homes sold
- 763
- Median days on market
- 32
- Sale-to-list price
- 96.3%
Based on 763 recorded sales of commercial properties in Welland over the last 12 months.
Listed by
CBRE LIMITED
Location
Commercial figures
- Building area
- 16,578 sq ft
- Price per sq ft
- $147.79
- Annual property tax
- $28,334
- Tax per sq ft
- $1.71
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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