$2,299,786 FOR SALE

Commercial/Retail

Lot: 66.17 x 165.52 ftTotal Area: 11,160 ft2 divisible
2023 Taxes: $8,200

115-117 Division St
Welland, ON L3B 3Z8 | Niagara

Attention: Investors and Developers! Located in the Heart of Downtown Welland.This Prime Multi Use Property is Perfect for Investment or Redevelopment. Fantastic Monthly Income with Plenty of Future Potential. This Stand Alone Building has approx 11,160 sf comprising of Retail, Residential and Commercial Units! Including a Thriving Restaurant,3 Residential Rental Apartments and 3 Commercial Units. Parking for Multiple Cars! All Units are Separately Metered! Building has been Recently Extensively Renovated and updated to Include: New Electrical, New Furnace, New A/C(Restaurant), New Sprinklers In Basement, Rental Apartments Fully Renovated, New Paint, Front Flat Roof 2020, Peaked Roof 2016, Back Flat Roof 2015.Possible Future Potential For FULL Redevelopment or Additional Stories. Subject to Municipal Approvals. Seller May be Willing to Offer a VTB. Exposure to Thousands Of Cars Daily and Backing onto the Farmers Market! Seize Your Chance to own a Piece of Downtown Before It's Too Late!

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Listed By RE/MAX REALTRON REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8135810
Last Updated Mar 18, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Category Multi-Use
Legal Description Lt 23 P1 551, S/S Division St ; Welland
Occupancy Tenant
Possession Date TBD
Taxes (2023) $8,200
Tax Type Annual
Directions/Cross Streets King Street To Division Street
Area Niagara
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
Freestanding Y
Lot 66.17 x 165.52 ft
Retail Area 3,000 ft2
Industrial Area 5,660 ft2
Office/Apt Area 2,500 ft2
Total Area 11,160 ft2 divisible
Approximate Age 51-99
Elevator None
Air Conditioning Part
Basement Y
Chattels Y
Garage Type Outside/Surface
Heat Type Gas Forced Air Closd
Financial Statement Y
Sprinklers Part
Sewers San+Storm
Utilities Y
Water Municipal
Rail N
Lot/Bldg/Unit Code Lot
Zoning DMC-Downtown Mixed
Seller Property Info Statement N

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