December 8, 2023  

$2,800,786

For Sale
 
MLS® No:
X7308774
Intersection:
King Street To Division Street
Address:
115-117 Division St, Welland, Ontario, L3B 3Z8
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  • X7308774 photo
  • X7308774 photo
  • X7308774 photo
  • X7308774 photo
  • X7308774 photo
  • X7308774 photo
  • X7308774 photo
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Features

Property Type:
Commercial/Retail
Land Size:
66.17 X 165.52Feet
Approximate Square Footage:
11160Sq Ft
Possession:
TBD
Annual Property Taxes (estimate):
$8,200 / 2023 Tax Year Annual
Basement:
Y
Garage Type:
None
Heat Type:
Gas Forced Air Closd
Sprinklers:
Part
Central AC:
Part
Zoning:
DMC-Downtown Mixed
Attention Investors Attractive Vendor Takeback Mortgage Available on this Property. Located in the Heart of the City this Exceptional Commercial Real Estate Investment Opportunity offers Great Income and plenty of Future Potential. This Stand Alone Building boasts 11, 160 sf of Interior Commercial and Residential Space. 3 Commercial Units Including A Party Rental Business and a Thriving Restaurant, 3 Rental Apartments and Parking for 11 Cars! All units are separately metered! The building has been recently renovated and updated to include: New Electrical, New Furnace, New A/C (Restaurant), New Sprinklers In Basement, Rental Apartments Fully Renovated, New Paint, Front Flat Roof 2020, Peaked Roof 2016, Black Flat Roof 2015. Possible Future Potential for FULL Redevelopment or Additional 2 Stories on the back part of Building. Subject to Municipal Approvals. Exposure to Thousands of Cars Daily , Backing onto Farmers Market! Seize Your Chance to own a piece of Downtown before it's too late!
Listing Contracted With: Royal Lepage Your Community Realty, Brokerage (Independently Owned & Operated)
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
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Adnan HashmiBroker of RecordDirect: (647)885-6364Bus: (905)796-1127

*We do not represent the builder. We represent you.

Wolf Realty Inc., Brokerage, Independently Owned & Operated