77 East Main Street S, Welland, ON L3B 3W4

$1,500,000

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List Price
$1,500,000
MLS#
X13632498
Status
ACTIVE
Type
Commercial
SubType
Commercial Retail
Province
ON
Municipality
Welland
Area
Niagara
Neighborhood
768 - Welland Downtown
Subdivision
Cross St

Property Description

Unlock the potential of this outstanding mixed-use investment opportunity in the heart of downtown Welland! Featuring a prime main-floor commercial space ready for your vision, this property is ideal for a restaurant, professional offices, retail, medical, or a wide range of commercial uses. The flexible layout allows the space to be customized to meet a tenant's unique business needs. Above, you'll find 5 residential rental units and 4 additional residential units behind the commercial space. Currently six units are tenanted, providing immediate rental income while offering significant upside through lease-up opportunities. Convenient downtown parking, excellent visibility, and a central location surrounded by shops, restaurants, and amenities make this a standout investment with exceptional growth potential. Whether you're looking to expand your portfolio or establish a thriving business with built-in income, this is an opportunity you won't want to miss.

Additional Information

Taxes
$7,080
Heat Type
Radiant
Air Conditioning
Yes
Lot Depth
134
Garage Type
None

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Listing courtesy of REVEL Realty Inc., Brokerage.