790 Clare Avenue, Welland
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. The Vendor is also open to rent out the Variety store at a price of $50k plus Inventory. The rent shall be $4500 with TMI included. Sales detail 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. (id:1945)
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Property details for 790 Clare Avenue, Welland
- Type
- Commercial
- Bathrooms
- 2
- Living Area
- 2,860 square feet
- Lot Size
- 100.32 x 219.29 FT
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Annual Taxes
- $11,160
Nearby Listings Stat
Estimated price and comparable properties near 790 Clare Avenue
Active Listings
68
Min Price
$195,500
Max Price
$1,600,000
Avg Price
$588,784
Days on Market
51
days
Sold Listings
27
Min Sold Price
$399,900
Max Sold Price
$849,999
Avg Sold Price
$587,152
Days until Sold
45
days
Neighbourhood Census Data
Welland, Ontario
Population
939
Median Age
37.6
Median Income
$29,163
Dwelling Value
$217,730
Housing Tenure
Owners 64%
Renters 36%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.6
Pop. Density: 3,864.2/km²
Avg Shelter Cost: $1,071/mo
Owners with Mortgage: 66%
Owners Spending 30%+: 12.8%
Tenants Spending 30%+: 11.5%
English only: 89.4%
English and French: 10.6%
Neither: 0.5%
Median Household Income: $58,752
Median Employment Income: $26,400
Price History
Listed
June 23, 2026
by EXECUTIVE HOMES REALTY INC.
Current Price
$1,600,000
Type
Commercial
For Sale
