12 East Main Street, Welland, ON L3B 3W3

$499,900
5
BA

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List Price
$499,900
MLS#
X13606028
Status
ACTIVE
Type
Commercial
SubType
Commercial Retail
Bathrooms
5
Province
ON
Municipality
Welland
Area
Niagara
Neighborhood
768 - Welland Downtown
Subdivision
King St/Main St

Property Description

EXCELLENT INVESTMENT OPPORTUNITY Multi use commercial property in the heart of Welland's downtown core. This property has a high-visibility storefront and self-contained 2x residential apartments and promises a robust income stream with an impressive 10% + cap rate. Main floor is consist of a retail store front ,3x office spaces and kitchen area. 2nd floor has 2x apartments 2 bedroom each. conveniently located near Niagara College 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 above grade

Additional Information

Taxes
$5,950
Heat Type
Baseboard
Air Conditioning
No
Lot Depth
83
Garage Type
None

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Calculator source: Real Geeks

Listing courtesy of REVEL Realty Inc., Brokerage.