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$699,990
Status: For Sale
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 6%+ 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!
| Property Type | :Commercial Sale |
|---|---|
| MLS Number | :40643828 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :26 Sep, 2024 (35 Days ago) |
| Source | :Niagara |
| Area | :Niagara |
|---|---|
| City | :Welland |
| Area Major | :Welland |
| Area Minor | :768 - Welland Downtown |
| Postal Code | :
L3B 3W3
|
| Directions | :KING ST/EAST MAIN ST/CROSS ST |
| Price | : $699,990 |
|---|---|
| Property Taxes | :$6109.61 |
| Tax Year | :2024 |
|---|
| Bedrooms | :0 + |
|---|---|
| Place of Worship | :No |
| Cross Street | :KING ST/EAST MAIN ST/CROSS ST |
| Approx Square Footage | :3600 sqft |
|---|
| Parking Space | :2 |
|---|---|
| Basement | :Partial |
26 Sep, 2024
TREB #40643828
Listed
$699990
