$999,850 FOR SALE

Business for Sale

Lot: 45.75 x 155 ft

192/194 Burgar Street
Welland (768 - Welland Downtown), ON L3B 2T4

Calling all savvy investors!! 5-Plex with ability to add more units or use the existing autoshop with hoist!! Entire building has a metal roof so no up-keep needed. Shop can easily be turned into 3 more units at least or can add revenue by renting out as a shop with office space and a two piece bathroom. Current 5 unit apartment building with spacious apartments and mostly renovated throughout. All 6 Hot water heaters are owned and replaced in 2022. Room measurements for all units available upon request. No interior photos of units as per tenants request. Each unit is spacious and offers nice floor plan with high ceilings on main floor. Individually metered units for Hydro, Coin Laundry on Site. All units have own panel box in their units. Building also offers interconnected smoke alarms in common areas. Basement is very large and was waterproofed from the inside fully by Wisecracks 2010, and offers potential for personal use or can add additional storage lockers to tenants for an additional income stream or rent out basement separately for storage and add to the NOI (Net Operating Income). Showings will only be Wednesday from 11 - 7 and Saturday 12 - 5 with listing agent present. (id:47423)

Share

Listed By ROYAL LEPAGE NRC REALTY
Data Provided By Niagara Association of REALTORS®
MLS® Listing Number X9414435
Last Updated Dec 06, 2024
Property Summary
Property Type Business For Sale

More like this:
Franchise Non-Franchise
Community 768 - Welland Downtown
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Bedrooms 6
Bathrooms 6
Lot 45.75 x 155 ft
Amenities Nearby Public Transit
Listing Contract Date 2024-09-05
Location Description Corner of Hagar St and Burgar St.
# of Parking Spaces 5
Property Type Business
Transaction Type For sale
Zoning Description RL2
Building
Appliances Refrigerator, Stove
Fire Protection Security system
Heating Type Radiant heat
Utility Water Municipal water
Land
Total Size Unit=45.75 x 155 FT
Amenities Public Transit
Sewer Sanitary sewer
Size of Irregular Land Unit=45.75 x 155 FT

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.