$ 699.990

12 East Main Street, Welland

  • Living area: 3600 square feet
  • Type: Commercial
  • Added: 8 days ago
  • Updated: 7 days ago
  • Last Checked: 13 hours ago
POSITIVE CASH FLOW OPPORTUNITY with this prime commercial property in the heart of Welland's downtown core. This property has a high-visibility storefront and self-contained residential apartments and promises a robust income stream with an impressive 6%+ cap rate. Conveniently located near Niagara College's 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 with 2 residential units (900sqft each) and 1 large Commercial Storefront unit with 3 offices approximately 1800sqft. This property is a must-see for savvy investors. (id:1945)

Property Details

  • Cooling: Fully air conditioned
  • Heating: Other
  • Structure Type: Residential Commercial Mix

Interior Features

  • Living Area: 3600

Exterior & Lot Features

  • Water Source: Municipal water
  • Lot Size Dimensions: 27.1 x 83.6 FT

Location & Community

  • Directions: KING ST/EAST MAIN ST/CROSS ST

Tax & Legal Information

  • Tax Year: 2024
  • Tax Annual Amount: 6109.61
  • Zoning Description: DMC
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Nearby Places

Name
Type
Address
Distance
District School Board of Niagara
School
240 Thorold Rd
2.0 km
Seaway Mall
Shopping mall
800 Niagara St
2.7 km
Port Colborne High School
School
Port Colborne
11.5 km
Short Hills Provincial Park
Park
Thorold
12.1 km
Brock University
University
500 Glenridge Avenue
13.9 km
Westlane Secondary School
School
5960 Pitton Rd
14.4 km
The Pen Centre
Shopping mall
221 Glendale Ave
15.9 km
Niagara College Canada, Maid of the Mist Campus
School
5881 Dunn St
16.2 km
Marineland Canada
Amusement park
7657 Portage Rd
16.2 km
Sir Winston Churchill Secondary School
School
101 Glen Morris Dr
16.6 km
The Tower Hotel
Lodging
6732 Fallsview Boulevard
16.7 km
IHOP Niagara Falls
Restaurant
6455 Fallsview Blvd
16.9 km

Demographic Information

Neighbourhood Education
Bachelor's degree 15
University / Below bachelor level 10
Certificate of Qualification 20
College 90
University degree at bachelor level or above 25
Neighbourhood Marital Status Stat
Married 115
Widowed 15
Divorced 35
Separated 40
Never married 180
Living common law 60
Married or living common law 175
Not married and not living common law 270
Neighbourhood Construction Date
1961 to 1980 75
1981 to 1990 15
2006 to 2010 10
1960 or before 155
More Details?
  • DEAN MICHAEL SERRAVALLE
  • REVEL REALTY INC.
  • 905-357-1700

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