12 East Main Street, Welland, ON L3B 3W3

Welland L3B 3W3 Ontario

MLS: X12995000

$548,800

Added 4 hours ago | For Sale

Listed by: REVEL Realty Inc., Brokerage

About Property

POSITIVE CASH FLOW OPPORTUNITY Multi use commercial property in the heart of Welland's downtown core. This property has a high-visibility storefront and self-contained residential apartments and promises a robust income stream with an impressive 10% + cap rate. 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 with 2 residential units (2 bedrooms in each unit) and 1 large Commercial Storefront unit with 3 offices, approximately 1800 sqft.

Features

  • House Style:Commercial Retail
  • Bathrooms:3
  • Land Size: 27.1 X 83.6
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:king st/main st
  • Basement: ,
  • Possession Date:
  • Annual Property taxes: $6590
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Electric Forced Air
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12995000

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