12 East Main Street Welland, Ontario L3B 3W3
$699,990
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. (id:58043)
Property Details
| MLS® Number | X9348576 |
| Property Type | Retail |
Building
| CoolingType | Fully Air Conditioned |
| HeatingType | Other |
| SizeInterior | 3600 Sqft |
| Type | Residential Commercial Mix |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 83 Ft ,7 In |
| SizeFrontage | 27 Ft ,1 In |
| SizeIrregular | 27.1 X 83.6 Ft |
| SizeTotalText | 27.1 X 83.6 Ft |
| ZoningDescription | Dmc |
https://www.realtor.ca/real-estate/27412348/12-east-main-street-welland
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Dean Michael Serravalle
Broker of Record
8685 Lundys Lane #3
Niagara Falls, Ontario L2H 1H5
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September 13 2024 06:10:08
Toronto Real Estate Board
Revel Realty Inc.