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:47423)
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Detailed Information
Bedrooms
4
Lot
27.08 x 83.58 ft
Equipment
Water Heater
Listing Contract Date
2024-11-11
Location Description
KING ST/EAST MAIN ST/CROSS ST
# of Parking Spaces
2
Property Type
Business
Rental Equipment
Water Heater
Transaction Type
For sale
Zoning Description
DMC
Building
Exterior Finish
Stucco, Brick
Foundation Type
Stone
Heating Fuel
Natural gas
Heating Type
Other
Utility Water
Municipal water
Land
Total Size
Unit=27.1 x 83.6 FT | 1/2 - 1.99 acres
Size of Irregular Land
Unit=27.1 x 83.6 FT
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