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$599,900
Est. payment /mo
3,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $166
Subdivision 768 - Welland Downtown
MLS Listing ID X12135785
Annual Tax Amount $6,590
Tax Year 2024
Property Sub-Type Commercial Retail
Lot Depth 83.6
Lot Front 27.1
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 (900 sqft each) and 1 large Commercial Storefront unit with 3 offices, approximately 1800 sqft. This property is a must-see for savvy investors.
Location
Province ON
County Niagara
Community 768 - Welland Downtown
Area Niagara
Zoning DMC
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 27.1
Lot Depth 83.6
Others
Security Features No
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Listed by REVEL Realty Inc., Brokerage