12
See all 12 photos
$649,990
Est. payment /mo
3,600 SqFt
Active
12 EAST MAIN ST Welland, ON L3B 3W3
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UPDATED:
12/05/2024 01:55 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $180
MLS Listing ID X10420317
Annual Tax Amount $6,109
Tax Year 2024
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
Community 768 - Welland Downtown
Area Niagara
Region 768 - Welland Downtown
City Region 768 - Welland Downtown
Rooms
Kitchen 0
Interior
Interior Features Other
Cooling No
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 2.0
Utilities Available Unknown
Roof Type Flat
Lot Depth 83.6
Total Parking Spaces 2
Building
Lot Description Irregular Lot
Foundation Stone
New Construction false
Others
Security Features Unknown
Listed by REVEL Realty Inc., Brokerage