$699,990
( $194.44Per Sq Foot )
$3,758 est/mo Sourced by Back At You12 East Main Street , Welland, ON L3B 3W3
Welland, ON L3B 3W3
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 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!
Details
| MLS# | 40643828 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 29 |
| Listing Provided By | REVEL Realty Inc., Brokerage | Parth Patel |
Features
| SQ Feet | 3,600 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Zoning | DMC |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Niagara |
| City | Welland |
| Postal Code | L3B 3W3 |
| Area | Welland |
| Subarea | 768 Welland Downtown |
| Community Name | 768 Welland Downtown |
| Listing VS Median (in 768 Welland Downtown) | |
Price: $699,990 low | high Med: $459,888 SqFt: 3,600 low | high Med: 1,200 $ / SqFt: $194 low | high Med: $383 On Site: 29 low | high Med: 1.000000 | |
Listing Updated: September 13, 2024 at 1:28:51 PM PDT