577 King Street, Welland, ON L3B 3L3

$409,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$409,000
MLS#
X13668580
Status
ACTIVE
Type
Commercial
SubType
Store W Apt/Office
Province
ON
Municipality
Welland
Area
Niagara
Neighborhood
773 - Lincoln/Crowland
Subdivision
Fifth Street And King Street

Property Description

Turnkey mixed-use investment in the heart of Welland! This 1,867 sq ft Store W/Apt building sits on a high-traffic King Street commercial corridor, steps to transit, 5 minutes to the hospital, 7 to highway access. Recently renovated with new flooring, fresh paint, updated bathrooms, and a modern kitchen (new fridge, air-fryer stove). Three separate entrances offer straightforward duplex/triplex conversion potential (buyer to verify with the City of Welland). Projected income: $1,400/unit + $200/month detached garage-workshop = up to $4,400/month gross. CC2 zoning allows live-work flexibility for owner-operators or investors. New construction in the surrounding area signals strong upside. Book your showing today - motivated seller, flexible May 2026 possession.

Additional Information

Taxes
$3,761
Heat Type
Water Radiators
Air Conditioning
No
Lot Depth
132
Garage Type
Single Detached

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of EXP REALTY.