Homes for sale - 12 East Main Street, Welland, ON L3B 3W3

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Josee Savard

josee@savardrealty.com +1(249) 877-4045

$699,990

Est. payment - /mo

4 Beds

2 Baths

3,600 SqFt

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UPDATED:

11/11/2024 02:18 PM

Key Details

Property Type Multi-Family

Sub Type Multi-4 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $194

MLS Listing ID 40675522

Bedrooms 4

Abv Grd Liv Area 3,600

Originating Board Niagara

Annual Tax Amount $6,109

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

Area Welland

Zoning DMC

Direction KING ST/EAST MAIN ST/CROSS ST

Rooms

Basement Partial, Partially Finished

Kitchen 0

Interior

Interior Features Other

Heating Forced Air, Natural Gas

Cooling Other

Fireplace No

Appliance Refrigerator, Stove

Laundry Shared

Exterior

Waterfront No

Roof Type Flat

Lot Frontage 27.1

Lot Depth 83.6

Garage No

Building

Lot Description Irregular Lot, Ample Parking, City Lot, High Traffic Area, Visual Exposure

Faces KING ST/EAST MAIN ST/CROSS ST

Story 2

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Brick,Stucco

New Construction No

Others

Senior Community false

Tax ID 641050083

Ownership Freehold/None

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Listed by REVEL Realty Inc., Brokerage

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Josee Savard

+1(249) 877-4045

12 East Main Street Welland, ON L3B 3W3

Josee Savard

Josee Savard

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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12 East Main Street