EXCELLENT INVESTMENT OPPORTUNITY Multi use commercial property in the heart of Welland's downtown core. This property has a high-visibility storefront and self-contained 2x residential apartments and promises a robust income stream with an impressive 10% + cap rate. Main floor is consist of a retail store front ,3x office spaces and kitchen area. 2nd floor has 2x apartments 2 bedroom each. conveniently located near Niagara College 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 above grade (id:40167)
Property Details
|
MLS® Number
|
X13606028 |
|
Property Type
|
Retail |
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Community Name
|
768 - Welland Downtown |
|
Parking Space Total
|
1 |
Building
|
Bathroom Total
|
5 |
|
Cooling Type
|
None |
|
Heating Type
|
Baseboard Heaters |
|
Size Exterior
|
3600 Sqft |
|
Size Interior
|
3,600 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
Yes |
|
Size Depth
|
83 Ft ,7 In |
|
Size Frontage
|
27 Ft ,1 In |
|
Size Irregular
|
3600 |
|
Size Total
|
3600 Ac |
|
Size Total Text
|
3600 Ac |
|
Zoning Description
|
Dmc |
https://www.realtor.ca/real-estate/30079739/12-east-main-street-welland-welland-downtown-768-welland-downtown