66 Hellems Avenue, Welland, ON

Avison Young Commercial Real Estate Services, LP (the “Advisor”) has been retained by msi Spergel Inc. in its capacity as Court-Appointed Receiver (the “Receiver”) to advise on the sale of 52–66 Hellems Avenue & 147 Division Street, Welland, ON (the “Property”). The Property presents the opportunity to acquire a two-storey retail and residential space totaling approximately 15,000 sf. The Property is designation Downtown Mixed-Use Centre (DMC) under the zoning, permitting a wide range for commercial, hospitality, office, recreational and residential uses. 

The Property is currently vacant and in an incomplete state of renovation/demolitions:

• The second floor has been stripped down to wood studs, with a common central hallway in place.
• The ground-floor units are vacant as is the basement.

Strategically located within Ontario’s dynamic “Golden Horseshoe” region, anchored by Metropolitan Toronto, Canada’s largest consumer market. Welland is home to a diverse and growing business community. Key economic sectors include Advanced Manufacturing, Business Services, Food Processing, and Sport Tourism, all contributing to the city’s strong and resilient economic base.

Welland benefits from exceptional regional and international connectivity. Direct access to Highway 406 links efficiently to the Queen Elizabeth Way (QEW), providing seamless travel throughout the Golden Horsehoe. The city is also advantageously positioned near four Niagara border crossings, offering convenient access to U.S. markets. Additional transportation infrastructure includes two Class 1 rail carriers and the St. Lawrence Seaway system, enabling the movement of goods between the American Midwest and the Atlantic Ocean. This robust multi modal network enhances Welland’s appeal for businesses seeking to leverage both domestic and international trade opportunities.