Address
77 East Main Street S, Welland (Welland Downtown), ON
Price
$ 1,500,000

Your Agent

Jatin Verma

Sales Representative

416-745-2300


Listing provided by Jatin Verma, Sales Representative, REMAX West Realty Inc

Property Attributes
  • ID#X13632498
  • TypeCommercial
  • Listing Status Active
  • MunicipalityWelland (Welland Downtown)
  • CityWelland (Welland Downtown)
  • Area768 - Welland Downtown
  • Neighbourhood768 - Welland Downtown
  • Postal CodeL3B 3W4
  • Style
  • Price$ 1,500,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11000
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Unlock the potential of this outstanding mixed-use investment opportunity in the heart of downtown Welland! Featuring a prime main-floor commercial space ready for your vision, this property is ideal for a restaurant, professional offices, retail, medical, or a wide range of commercial uses. The flexible layout allows the space to be customized to meet a tenant's unique business needs. Above, you'll find 5 residential rental units and 4 additional residential units behind the commercial space. Currently six units are tenanted, providing immediate rental income while offering significant upside through lease-up opportunities. Convenient downtown parking, excellent visibility, and a central location surrounded by shops, restaurants, and amenities make this a standout investment with exceptional growth potential. Whether you're looking to expand your portfolio or establish a thriving business with built-in income, this is an opportunity you won't want to miss. (id:7434)

General Features

Property Type Retail
Zoning Description DMC
CommunityName 768 - Welland Downtown
Amenities Highway, Public Transit
Building Cooling Type Fully air conditioned
Location Description Cross Streets: Cross St. ** Directions: 406 hwy to East Main.

Interior Features

Building Fireplace Present False
Building Heating Type Radiant heat
Living Area Range 11000

Exterior Features

Land Amenities Highway, Public Transit

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L3B 3W4

Price
AVG $750K
$1.5M

Your Agent

Jatin Verma

Sales Representative

416-745-2300


Listing provided by Jatin Verma, Sales Representative, REMAX West Realty Inc

Listed By
REVEL Realty Inc., Brokerage