12 East Main Street Welland, 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 6%+ 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 | 40643828 |
| Property Type | Other |
| Community Features | High Traffic Area |
| Equipment Type | Water Heater |
| Features | Visual Exposure |
| Parking Space Total | 2 |
| Rental Equipment Type | Water Heater |
Building
| Basement Type | Partial |
| Exterior Finish | Brick, Stucco |
| Stories Total | 2 |
| Size Exterior | 3600.0000 |
| Size Interior | 3600 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 84 Ft |
| Size Frontage | 27 Ft |
| Size Total Text | 1/2 - 1.99 Acres |
| Zoning Description | Dmc |
https://www.realtor.ca/real-estate/27410941/12-east-main-street-welland
Parth Patel
Salesperson
(905) 357-1705
8685 Lundy's Lane, Unit 1
Niagara Falls, Ontario L2H 1H5
(905) 357-1700
(905) 357-1705
www.revelrealty.ca/
Parveen Chhabra
Salesperson
(905) 357-1705
www.facebook.com/YourPropertyMatchmaker1/
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®)
September 13 2024 05:24:36
Niagara Association of REALTORS®
Revel Realty Inc., Brokerage