$699,990
( $194.44Per Sq Foot )
 $3,758 est/mo Sourced by Back At You

12 East Main Street , Welland, ON L3B 3W3

Welland, ON L3B 3W3

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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. Act quickly to secure this lucrative opportunity before it’s gone!

Details

MLS#40643828
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site52
Listing Provided ByREVEL Realty Inc., Brokerage | Parth Patel

Features

SQ Feet3,600
BasementY
Story(s)2
ZoningDMC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

ProvinceON
RegionNiagara
CityWelland
Postal CodeL3B 3W3
AreaWelland
Subarea768 Welland Downtown
Community Name768 Welland Downtown
Listing VS Median (in 768 Welland Downtown)
Price:
$699,990
low | high
Med:
$450,000
85.713367333819% of Average
SqFt:
3,600
low | high
Med:
1,300
100% of Average
$ / SqFt:
$194
low | high
Med:
$346
28.024521229424% of Average
On Site:
52
low | high
Med:
116.000000
44.827586206897% of Average
Sourced by Back At You
Listing Updated: September 13, 2024 at 1:28:51 PM PDT