Cap Rate 6.4 %. Downtown Mixed Use Centre zoned investment property in Welland, Ontario. Property currently offers 4,730 sq ft building with 23 parking spaces, 4 separate hydro meters, 5 bathrooms, 2 kitchens, building is also handicap accessible. Currently site is leased to one tenant with 5 year lease term. Great investment and development site with permission for 8-storey condo development or retirement home.
MLS # | X12100316 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 86 |
Listing Provided By | RE/MAX ABOUTOWNE REALTY CORP. | X12100316 083603 |
Bath(s) | 5 |
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SQ Feet | 17,093 |
Acreage | 0.39 |
Cooling | Yes |
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Community Features | Major Highway, Public Transit |
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Property | 15726 |
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Province | ON |
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Region | Niagara |
City | Welland |
Postal Code | L3B 3K2 |
Area | 768 Welland Downtown |
![]() | $1,190,000335 King StreetWelland, ON L3B 3K2 |
![]() | $1,190,000335 King StreetWelland, ON L3B 3K2 |