25-31 WEST MAIN STREET
Welland (Broadway), Ontario
MLS® X13790380
$1,475,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X13790380
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 47Listing description
Rare Downtown Welland Investment & Development Opportunity! Offered together, these two adjoining commercial buildings provide a unique combination of existing income, flexible space, prominent corner exposure, parking, and future potential. Located at West Main Street and Division Street on approximately 0.
26 acres, the properties are zoned Downtown Mixed-Use Centre (DMC). 25 West Main Street is a freestanding corner building currently home to TEMPUS restaurant with the approximately 1,250 sq. ft.
main floor includes a 750 sq. ft. dining room with seating for up to 70, while the basement features a large prep kitchen, washrooms, and a private dining room for 16.
A standout feature is the impressive 17' x 70' canal-view patio, accommodating up to 60 guests with renovations completed in 2014/2015. 29-31 West Main Street offers approximately 3,000 sq. ft.
per floor across two upper floors, plus an approximately 1,100 sq. ft. basement office/storage area.
The upper floors have been stripped to the brick walls, creating an expansive blank canvas with large picture windows. Ideal for a future brewpub, event venue, restaurant, retail, office, entertainment concept, or other permitted use. The exterior façade was updated three years ago.
Rear parking provides additional convenience and can also serve as a receiving area. With immediate rental income, substantial flexible space, canal views, parking, and DMC zoning, this is an exceptional opportunity for an investor, owner-user, entrepreneur, or developer looking to establish a significant presence in downtown Welland. Two buildings.
One acquisition. Significant potential.
Property summary
- MLS® number
- X13790380
- Property type
- Retail
- Size
- 7,250 sq ft
- Land size
- 72.4 x 177.74 FT ; Irregular
- Annual property taxes
- $33,103.89
- Days on market
- 12 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Waterfront
- Waterfront
What would this home cost you?
Based on the $1,475,000 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.