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 (900 sqft each) and 1 large Commercial Storefront unit with 3 offices, approximately 1800 sqft. This property is a must-see for savvy investors. |
Price | $599,900 |
Taxes: | $6590.01 |
Tax Type: | Annual |
Assessment Year: | 2024 |
Occupancy: | Partial |
Address: | 12 East Main Stre , Welland, L3B 3W3, Niagara |
Postal Code: | L3B 3W3 |
Province/State: | Niagara |
Directions/Cross Streets: | East Main Street / Niagara Street |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Multi-Use |
Building Percentage: | F |
Total Area: | 3600.00 |
Total Area Code: | Square Feet |
Retail Area Code: | Sq Ft |
Sprinklers: | No |
Washrooms: | 0 |
Heat Type: | Electric Forced Air |
Central Air Conditioning: | Yes |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
REVEL Realty Inc., Brokerage |
|
Book Showing | Email a Friend |
Type: | Com - Commercial Retail |
Area: | Niagara |
Municipality: | Welland |
Neighbourhood: | 768 - Welland Downtown |
Tax: | $6,590.01 |
Fireplace: | N |