192 Maple Avenue, Welland | Image 1

192 Maple Avenue

Welland

  • Commercial

$1,369,900
For Sale

Added 2 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Other

  • Zoning: C2

  • Age: No Data

  • Taxes: 20055

  • MLS®#: X8482212

  • Added: Jun 26, 2024 (2 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: COLDWELL BANKER ADVANTAGE REAL ESTATE

Prime Investment Opportunity: Sturdy Building with Thriving Businesses and Room for Expansion" Discover a solid investment in this robust building strategically located in a high-traffic area. Originally two lots, it currently hosts two bustling commercial units and three fully occupied residential spaces, offering not just returns but also the potential for growth. At the heart of the commercial scene is the Kavern Bar and Kitchen, a reliable tenant boasting a full kitchen, seating for over 100 patrons, and two basement event centers. It's more than a bar; it's a community focal point that ensures not just income but a touch of local character. Built to endure, this property is ready for action. Fully occupied residential units provide a steady income, while the success of Kavern Bar & Kitchen promises immediate returns for those seeking a solid investment. Ample parking adds convenience for everyone coming through the door. What sets this place apart is its potential for future development. Originally two lots, there's room to expand, renovate, or kickstart new projects. This isn't about ruggedness; it's about offering a canvas for your vision and plans. Adding a touch of practicality, a digital board becomes your versatile billboard, promoting businesses in a straightforward, effective way. It's not about being gritty; it's about visibility and attracting attention from the neighborhood in a way that resonates. This investment isn't about extravagance; it's about reliability. Whether you're after immediate returns or planning for future growth, this building provides a stable foundation for both. Don't miss out on this opportunity.

Property

  • Status: Sale

  • Type: Other

  • Property Type: Investment

  • Property Type: Office

  • Area: Welland

  • Availability Date: 60 DAYS PLUS

  • Assessment Amount: $457,000

  • Assessment Year: 2024

Inside

  • Bathrooms: 7

  • Air Conditioning: Y

  • Washrooms: 7

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Energy Certificate: N

  • Green Verification Status: N

  • Water Supply Type: Shared Well

  • Freestanding: Y

  • Outside Storage: Y

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: Y

Parking

  • Garage Type: None

  • Covered Parking Spaces: 30

Fees

  • Tax Year: 2024

  • Taxes: $20,055

  • Taxes Type: Annual

Land

  • Cross Street: PRINCE CHARLES/ MAPL

  • Municipality District: Welland

  • Parcel Number: 641020250

  • Sewer: Sanitary

  • Lot Depth: 186 Feet

  • Lot Frontage: 149 Feet

  • Zoning: C2

Commercial Specific

  • Total Area: 4500

  • Total Area Metric: Sq Ft

  • Franchise: N

  • Tangible Property Included: N

  • Crane: N

  • Lot Code: Building

  • Survey: N

  • Financial Statement: Y

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