$ 699,990
12 East Main ST Welland, ON L3B 3W3
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$ 699,990
Est. payment | /mo
3,600 SqFt
$ 699,990
Est. payment | /mo
3,600 SqFt
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $194
MLS Listing ID X9348576
Annual Tax Amount $6,109
Tax Year 2024
Property Description
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 6%+ 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.
Location
Province ON
County Niagara
Interior
Cooling Yes
Exterior
Utilities Available Available
Parking Type None
Others
Security Features No
Listed by REVEL REALTY INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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