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Home ON St. Catharines - Niagara Niagara Region Welland Market Square
226 KING STREET
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226 KING STREET $1,195,000
$1,195,000
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226 KING STREET
Welland (Welland Downtown), Ontario L3B3J7

MLS® Number: X12407326

Listing Description

Attention Builders, Developers, Investors, and Visionaries! A rare and exceptional opportunity to acquire two (2) side-by-side mixed-use commercial properties in the heart of Downtown Welland. (Also see 220-222 King Street offered in conjunction or separately). These properties are located within the Welland Community Improvement Plan (CIP) zone, making them eligible for potential redevelopment incentives, grants, and municipal planning support ideal for builders, owner-operators, and forward-thinking investors. Zoned DMC (Downtown Mixed-Use Commercial), both parcels offer outstanding flexibility and potential for future expansion, including condominiums, medical or professional offices, retail storefronts, and more.Currently, the buildings generate multiple income streams from both commercial and residential units. The ground-floor retail space benefits from excellent exposure and consistent foot traffic during local events, farmers markets, and downtown festivals. Well-established commercial tenants are in place and willing to remain. The upper-level residential apartments provides stable rental income and remains in high demand due to its central location. Located just steps from the scenic Welland Canal, Merritt Park Amphitheatre, and the floating stage, this site is positioned within a vibrant, walkable district that is actively undergoing revitalization as part of the citys long-term downtown renewal plan. Dont miss this rare opportunity to invest in a high-potential, income-producing asset in the rapidly growing core of Downtown Welland.Buyer and buyers representatives to verify all measurements, uses, taxes, zoning, and future development requirements. (41278422)

Location Description

Cross Streets: King/State. ** Directions: Located on the East side of King just North of State Street. Parking on State St.

Property Summary

Property Type
Retail
Building Type
Residential Commercial Mix
Community Name
768 - Welland Downtown
Land Size
33 x 114.41 FT
Annual Property Taxes
$6,461.28
Time on REALTOR.ca
90 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water

Measurements

Square Footage
3775 sqft

Land

Lot Features
Frontage
33 ft
Land Depth
114 ft ,4 in
Other Property Information
Zoning Description
Downtown Mixed Use Commercial - (DMC)
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AMANDA ABERGEL