335 King Street, Welland, ON L3B 3K2

Welland L3B 3K2 Ontario

MLS: X12100313

$1,190,000

Added 63 days ago | For Sale

Listed by: RE/MAX ABOUTOWNE REALTY CORP.

About Property

Cap Rate 6.4%. Downtown Mixed Use Centre zoned investment property in Welland, Ontario. Property currently offers 4,730 sq ft building with 23 parking spaces, 4 separate hydro meters, 5 bathrooms, 2 kitchens, building is also handicap accessible. Currently site is leased to one tenant with 5 year lease term. Great investment and development site with permission for 8-storey condo development or retirement home.

Features

  • House Style:Commercial Retail
  • Bathrooms:5
  • Land Size: 100.25 X 170.59
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:KING STREET/LINCOLN STREET
  • Basement: ,
  • Possession Date:
  • Annual Property taxes: $15726
  • Bedrooms:
  • Total Parking Spaces:23
  • Parking Places:23
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12100313

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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