192 MAPLE AVENUE
Welland (Broadway), Ontario
MLS® X13029506
$1,174,900
- Status
- Active
- Property type
- Office
- MLS® number
- X13029506
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 22Listing description
Prime Investment Opportunity: Sturdy Building with Thriving Businesses and Room for Expansion! Discover a solid investment in this robust building strategically located in a high-traffic area. Originally two lots, it currently hosts two bustling commercial units and three fully occupied residential spaces, offering not just returns but also the potential for growth.
At the heart of the commercial scene is the The Hub Bar and Kitchen, a reliable tenant boasting a full kitchen, seating for over 100 patrons, and two basement event centers. It's more than a bar; it's a community focal point that ensures not just income but a touch of local character. Built to endure, this property is ready for action.
Fully occupied residential units provide a steady income, while the success of The Hub Bar & Kitchen promises immediate returns for those seeking a solid investment. Ample parking adds convenience for everyone coming through the door. What sets this place apart is its potential for future development.
Originally two lots, there's room to expand, renovate, or kickstart new projects. Adding a touch of practicality, a digital board becomes your versatile billboard, promoting businesses in a straightforward, effective way. Whether you're after immediate returns or planning for future growth, this building provides a stable foundation for both.
Don't miss out on this opportunity.
Property summary
- MLS® number
- X13029506
- Property type
- Office
- Building type
- Offices
- Square footage
- 4,500 sq ft
- Land size
- 149 x 186 FT
- Annual property taxes
- $20,055.00
- Days on market
- 129 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $1,174,900 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 COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE, WELLAND.
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.