12 East Main Street Welland (768 - Welland Downtown), Ontario L3B 3W3
$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:41589)
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
| Bathroom Total | 2 |
| Bedrooms Total | 4 |
| Basement Development | Partially Finished |
| Basement Type | Partial (partially Finished) |
| Exterior Finish | Stucco, Brick |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 3600 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| 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 |
Parth Patel
Salesperson
8685 Lundy's Lane, Unit 1
Niagara Falls, Ontario L2H 1H5
(905) 357-1700
(905) 357-1705
www.revelrealty.ca/
Parveen Chhabra
Salesperson
8685 Lundy's Lane, Unit 1
Niagara Falls, Ontario L2H 1H5
(905) 357-1700
(905) 357-1705
www.revelrealty.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 13 2024 03:47:47
Niagara Association of REALTORS®
Revel Realty Inc., Brokerage