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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