12 EAST MAIN ST new

Welland,ON L3B 3W3

$ 699990

4 Beds

2 Baths

3600 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $194

MLS Listing ID X10420317

Bedrooms 4

Annual Tax Amount $6,109

Tax Year 2024

Lot Size 0.500 Acres

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

Zoning DMC

Rooms

Basement Partially Finished,Partial Basement

Kitchen 0

Interior

Interior Features Other

Cooling Other

Inclusions Other

Laundry Shared

Exterior

Garage Spaces 2.0

Pool None

Utilities Available Unknown

Roof Type Flat

Parking Type Outside/Surface

Total Parking Spaces 2

Building

Lot Description Irregular Lot

Foundation Stone

Others

Senior Community No

Security Features Unknown

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