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Welland,ON L3B 3W3
Key Details
Property Type Multi-Family
Sub Type Multi-4 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $194
MLS Listing ID 40675522
Bedrooms 4
Abv Grd Liv Area 3,600
Originating Board Niagara
Annual Tax Amount $6,109
Property Description
POSITIVE CASH FLOW OPPORTUNITY with this prime commercial property in the heart of Welland's downtown core. This property has a high-visibility storefront and self-contained residential apartments and promises a robust income stream with an impressive Cap rate. Conveniently located near Niagara College's Welland campus, public transit, and the scenic boardwalk, it also offers stunning views of the Welland Bridge and Canal. With its high demand area and solid return potential, a total of 3600 sqft with 2 residential units (900sqft each) and 1 large Commercial Storefront unit with 3 offices approximately 1800sqft. This property is a must-see for savvy investors. Act quickly to secure this lucrative opportunity before it’s gone!
Location
Province ON
County Niagara
Area Welland
Zoning DMC
Direction KING ST/EAST MAIN ST/CROSS ST
Rooms
Basement Partial,Partially Finished
Kitchen 0
Interior
Interior Features Other
Heating Forced Air,Natural Gas
Cooling Other
Fireplace No
Appliance Refrigerator,Stove
Laundry Shared
Exterior
Waterfront No
Roof Type Flat
Lot Frontage 27.1
Lot Depth 83.6
Garage No
Building
Lot Description Irregular Lot,Ample Parking,City Lot,High Traffic Area,Visual Exposure
Faces KING ST/EAST MAIN ST/CROSS ST
Story 2
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick,Stucco
New Construction No
Others
Senior Community No
Tax ID 641050083
Ownership Freehold/None