12 EAST MAIN STREET
Welland (Welland Downtown), Ontario
MLS® X13606028
$499,900
- Status
- Active
- Property type
- Retail
- MLS® number
- X13606028
- Bedrooms
- —
- Bathrooms
- 5
- Year built
- —
1 / 10Listing description
EXCELLENT INVESTMENT OPPORTUNITY Multi use commercial property in the heart of Welland's downtown core. This property has a high-visibility storefront and self-contained 2x residential apartments and promises a robust income stream with an impressive 10% + cap rate. Main floor is consist of a retail store front ,3x office spaces and kitchen area.
2nd floor has 2x apartments 2 bedroom each. 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 above grade
Property summary
- MLS® number
- X13606028
- Property type
- Retail
- Square footage
- 3,600 sq ft
- Land size
- 3600 acres
- Annual property taxes
- $5,950.00
- Parking
- 1 space
- Days on market
- 32 days
Features & details
- Heating
- Baseboard heaters
- Cooling
- None
What would this home cost you?
Based on the $499,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REVEL Realty Inc., Brokerage, Niagara Falls.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.