4 Bedroom
3600 sqft
Other
$649,990
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! (id:34792)
Property Details
MLS® Number
|
X10420317 |
Property Type
|
Business |
Community Name
|
768 - Welland Downtown |
Equipment Type
|
Water Heater |
Parking Space Total
|
2 |
Rental Equipment Type
|
Water Heater |
Building
Bedrooms Total
|
4 |
Exterior Finish
|
Stucco, Brick |
Foundation Type
|
Stone |
Heating Fuel
|
Natural Gas |
Heating Type
|
Other |
Size Interior
|
3600 Sqft |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Size Depth
|
83 Ft ,7 In |
Size Frontage
|
27 Ft ,1 In |
Size Irregular
|
Unit=27.1 X 83.6 Ft |
Size Total Text
|
Unit=27.1 X 83.6 Ft|1/2 - 1.99 Acres |
Zoning Description
|
Dmc |
https://www.realtor.ca/real-estate/27644561/12-east-main-street-welland-768-welland-downtown-768-welland-downtown