12 East Main Street Welland (768 - Welland Downtown), Ontario L3B 3W3
4 Bedroom
2 Bathroom
3600 sqft
Forced Air
$699,990
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:48215)
Property Details
| MLS® Number | X10420317 |
| Property Type | Business |
| Community Name | 768 - Welland Downtown |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 2 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 2 |
| BedroomsTotal | 4 |
| BasementDevelopment | Partially Finished |
| BasementType | Partial (partially Finished) |
| ExteriorFinish | Stucco, Brick |
| FoundationType | Stone |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 3600 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 83 Ft ,7 In |
| SizeFrontage | 27 Ft ,1 In |
| SizeIrregular | Unit=27.1 X 83.6 Ft |
| SizeTotalText | Unit=27.1 X 83.6 Ft|1/2 - 1.99 Acres |
| ZoningDescription | Dmc |
Parth Patel
Salesperson
Revel Realty Inc., Brokerage
8685 Lundy's Lane, Unit 1
Niagara Falls, Ontario L2H 1H5
8685 Lundy's Lane, Unit 1
Niagara Falls, Ontario L2H 1H5
Parveen Chhabra
Salesperson
Revel Realty Inc., Brokerage
8685 Lundy's Lane, Unit 1
Niagara Falls, Ontario L2H 1H5
8685 Lundy's Lane, Unit 1
Niagara Falls, Ontario L2H 1H5
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November 13 2024 03:47:47
Niagara Association of REALTORS®
Revel Realty Inc., Brokerage