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$XXX,XXX
Status: OFF MARKET
Attention: Investors and Developers! Located in the Heart of Downtown Welland. This Prime Multi Use Property is Perfect for Investment or Redevelopment. Fantastic Monthly Income with Plenty of Future Potential. This Stand Alone Building has approx. 11,160 sf comprising of Retail, Residential and Commercial Units! Including a Thriving Restaurant,3 Residential Rental Apartments and 3 Commercial Units. Parking for Multiple Cars! All Units are Separately Metered! Building has been Recently Extensively Renovated and updated to Include: New Electrical, New Furnace, New A/C(Restaurant), New Sprinklers In Basement, Rental Apartments Fully Renovated, New Paint, Front Flat Roof 2020, Peaked Roof 2016, Back Flat Roof 2015.Possible Future Potential For FULL Redevelopment or Additional Stories. Subject to Municipal Approvals. Seller May be Willing to Offer a VTB. Exposure to Thousands Of Cars Daily and Backing onto the Farmers Market! Seize Your Chance to own a Piece of Downtown Before It's Too Late!
Property Type | :Commercial Sale |
MLS Number | :40554793 |
Listing Type | :Sale |
Property Age | :51-99 Years years |
Possession Date | : |
Last Updated | :15 Mar, 2024 (196 Days ago) |
Source | :Niagara |
Area | :Niagara |
City | :Welland |
Area Major | :Welland |
Area Minor | :768 - Welland Downtown |
Postal Code | : L3B 3Z8 |
Directions | :Cross Street and Division Street |
Price | : $2,299,786 |
Property Taxes | :$8200 |
Tax Year | :2023 |
Bedrooms | :0 + |
Place of Worship | :No |
Approx Square Footage | :11160 sqft |
Parking Space | :11 |
Basement | :Full |
15 Mar, 2024
TREB #40554793
Listed
$2299786