192 MAPLE Avenue, Welland, ON L3C 5G5

$1,174,900

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List Price
$1,174,900
MLS#
X13029506
Status
ACTIVE
Type
Commercial
SubType
Investment
Province
ON
Municipality
Welland
Area
Niagara
Neighborhood
772 - Broadway
Subdivision
Maple Ave & Prince Charles Drive

Property 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.

Additional Information

Taxes
$20,055
Heat Type
Gas Forced Air Closed
Air Conditioning
Yes
Lot Depth
186
Garage Type
None

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE.