$324,900 FOR SALE

Commercial/Retail

Lot: 24 x 64 ft

46 Division Street
Welland, ON L3B 3Z6

This unique building is zoned Downtown Mixed Commercial with several functional applications. Two-story brick building with a full basement, unfinished. Building size is 60ftx25ft. Main floor is prime office or retail space, or a combination of both. Second level is huge residential unit with massive open concept design, modern kitchen, 2 bedrooms, and a 4-piece bathroom with roughed-in laundry hookups. Approx. 3000sqft total (1500sqft main floor office/retail space) & (1500sqft second level residential space). Two separate 100AMP hydro meters. Natural gas service to the building. Municipal water and sewage as well. Flat roof recently re-done in great shape. Some work needed to bring this building back to life. Lots of potential to offer. Great location in Downtown Welland, located amongst a variety of shops and business in the downtown core. Short walk to the canal, with waterfront views from the second floor apartment. There is a reason for the price.... there is lots of parking around the property but a permit is required. There is no actual parking that is attached to this unique property. Understand also that this building was stripped of the copper plumbing Water and Sewer are still there but understand that presently....no pluming present I personally would live in the upper unit because of the layout and views from there. Amazing !! ALSO... this is zoned commercial, and the bank will require 35% down payment.. this is not an easy property to purchase... BUT ... THE PRICE IS RIGHT !! (id:47423)

Share

Listed By COLDWELL BANKER ADVANTAGE REAL ESTATE INC, Brokerage
Data Provided By Niagara Association of REALTORS®
MLS® Listing Number 40532936
Last Updated Apr 10, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Subdivision 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
Lot 24 x 64 ft
Amenities Nearby Public Transit
Listing Contract Date 2024-01-24
Location Description King St to Division St
Ownership Type Freehold
Property Type Other
Transaction Type For sale
Zoning Description DMC, DMC-46
Building
Basement Type Full
Exterior Finish Aluminum siding, Brick
Stories Total 2
Size (Exterior) 3000
Utility Water Municipal water
Land
Total Size under 1/2 acre
Amenities Public Transit
Sewer Municipal sewage system

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.