$548,800
Available - For Sale
Listing ID: X12995000
12 East Main Street , Welland, L3B 3W3, Niagara
| POSITIVE CASH FLOW OPPORTUNITY Multi use 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 10% + cap rate. Conveniently located near Niagara College 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 (2 bedrooms in each unit) and 1 large Commercial Storefront unit with 3 offices, approximately 1800 sqft. |
| Price | $548,800 |
| Taxes: | $6590.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 12 East Main Street , Welland, L3B 3W3, Niagara |
| Postal Code: | L3B 3W3 |
| Province/State: | Niagara |
| Legal Description: | PT LT AH1 PL 564 AS IN RO731360, T/W & S |
| Directions/Cross Streets: | king st/main st |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Multi-Use |
| Use: | Retail Store Related |
| Building Percentage: | F |
| Total Area: | 3600.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 3 |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | Yes |
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| REVEL Realty Inc., Brokerage |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Niagara |
| Municipality: | Welland |
| Neighbourhood: | 768 - Welland Downtown |
| Tax: | $6,590 |
| Baths: | 3 |
| Fireplace: | N |
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