$949,000 FOR SALE

Commercial/Retail

Lot: 33 x 114 ft

94 Empire Street
Welland, ON L3B 2L4

PRIME INVESTMENT OPPORTUNITY: COMMERCIAL + RESIDENTIAL. Are you looking for a property that offers a perfect blend of potential rental income and business space? Look no further! This meticulously maintained mixed-use property is now available for sale, featuring one commercial unit and three residential units. The commercial unit was leased for $1500/month previously which is currently now vacant. 2 bed apartment on the main level is currently leased for 1600/month and the 2 bed apartment on the upper level is currently leased for $1300/month to AAA tenants. 3 bed apartment on upper level is currently listed for $1800/month making the total rental potential for this property more than $6000/month. This property presents an excellent investment opportunity with multiple income streams. The commercial unit can provide steady rental income, while the residential units offer long-term tenants. The growing demand for mixed-use properties in this area makes it an attractive option for investors and entrepreneurs. Don't miss out on this amazing oppurtunity!! Book your showing today!! (id:47423)

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Listed By REVEL Realty Inc., Brokerage
Data Provided By Niagara Association of REALTORS®
MLS® Listing Number 40540416
Last Updated Apr 10, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Subdivision 773 - Lincoln/Crowland
Price History
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Detailed Information
Lot 33 x 114 ft
Listing Contract Date 2024-02-14
Location Description Near: HAGAR
Ownership Type Freehold
Property Type Retail
Transaction Type For sale
Zoning Description RL2
Building
Basement Type Full
Stories Total 2
Size (Exterior) 3300
Utility Water Municipal water
Parking Spaces
Name Spaces
Detached Garage
Land
Total Size under 1/2 acre
Sewer Municipal sewage system

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