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Home ON St. Catharines - Niagara Welland Market Square
12 EAST MAIN STREET
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12 EAST MAIN STREET $699,990
3 days ago
$699,990
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12 EAST MAIN STREET
Welland (768 - Welland Downtown), Ontario L3B3W3

MLS® Number: X10420317
4
Bedrooms
2
Bathrooms
3600
Square Feet

Listing 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 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! (38064878)

Location Description

KING ST/EAST MAIN ST/CROSS ST

Property Summary

Property Type
Business
Square Footage
3600 sqft
Community Name
768 - Welland Downtown
Land Size
Unit=27.1 x 83.6 FT|1/2 - 1.99 acres
Annual Property Taxes
$6,109.61
Total Parking Spaces
2
Time on REALTOR.ca
3 days

Building

Bathrooms
Total
2
Interior Features
Basement Type
Partial (Partially finished)
Building Features
Foundation Type
Stone
Rental Equipment
Water Heater
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Stucco, Brick
Parking
Total Parking Spaces
2

Measurements

Square Footage
3600 sqft

Land

Lot Features
Frontage
27 ft ,1 in
Land Depth
83 ft ,7 in
Other Property Information
Zoning Description
DMC
Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
Parth Patel