12 EAST MAIN Street, Welland | Image 1

12 EAST MAIN Street

Welland, 768 - Welland Downtown

  • Commercial

$XXX,XXX
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: DMC

  • Age: No Data

  • Taxes: 6109.61

  • MLS®#: X10420317

  • Days on Site: 24 Days

  • Added: Nov 11, 2024 (1 month ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: REVEL Realty Inc., Brokerage

POSITIVE CASH FLOW OPPORTUNITY with this prime 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 Cap rate. Conveniently located near Niagara College's 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 (900sqft each) and 1 large Commercial Storefront unit with 3 offices approximately 1800sqft. This property is a must-see for savvy investors. Act quickly to secure this lucrative opportunity before it's gone!

Property

  • Status: Sale

  • Property Type: Investment

  • Area: Welland

  • Community: 768 - Welland Downtown

  • Availability Date: Flexible

  • Assessment Amount: $176,000

  • Assessment Year: 2024

Inside

  • Air Conditioning: N

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 2

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT AH1 PL 564 AS IN RO731360, T/W & S/T RO731360 CITY OF WELL

  • Taxes: $6,110

Land

  • Cross Street: KING ST/EAST MAIN ST

  • Municipality District: Welland

  • Parcel Number: 641050083

  • Sewer: San+Storm

  • Lot Depth: 83.6 Feet

  • Lot Frontage: 27.1 Feet

  • Zoning: DMC

Commercial Specific

  • Total Area: 3600

  • Total Area Metric: Sq Ft

Map of 12 EAST MAIN Street, Welland
JK-8

Glendale Public School

Elementary: Public
1.81 km
JK-8

St Mary Catholic Elementary School

Elementary: Catholic
1.33 km
JK-8

Ross Public School

Elementary: Public
0.97 km
JK-8

Fitch Street Public School

Elementary: Public
1.05 km
JK-8

Plymouth Public School

Elementary: Public
1.11 km
JK-8

St Kevin Catholic Elementary School

Elementary: Catholic
1.09 km
9-12

École secondaire Confédération

Secondary: Public
2.12 km
9-12

Eastdale Secondary School

Secondary: Public
2.10 km
9-12

ÉSC Jean-Vanier

Secondary: Catholic
2.47 km
9-12

Centennial Secondary School

Secondary: Public
1.97 km
9-12

E L Crossley Secondary School

Secondary: Public
7.80 km
Pre-Grade 9-12

Notre Dame College School

Secondary: Catholic
0.97 km
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