Attention: Investors and Developers! Located in the Heart of Downtown Welland.This Prime Multi Use Property is Perfect for Investment or Redevelopment. Fantastic Monthly Income with Plenty of Future Potential. This Stand Alone Building has approx 11,160sf Comprising of Residential, Retail and Commercial Units! Including a Thriving Restaurant, 3 Residential Rental Apartments and 3 Commercial Units. Parking for Multiple Cars! All Units are Separately Metered! Building has been Recently Extensively 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, Back Flat Roof 2015.Possible Future Potential For FULL Redevelopment or Additional Stories. Subject to Municipal Approvals. Seller May be Willing to Offer a VTB. Exposure to Thousands Of Cars Daily and Backing onto the Farmers Market! Seize Your Chance to own a Piece of Downtown Before It's Too Late!
| Address |
115-117 Division St |
| List Price |
$2,299,786 |
| Property Type |
Free |
| Type of Dwelling |
Detached |
| Style of Home |
2 1/2 Storey |
| Area |
Welland |
| Bedrooms |
7 |
| Bathrooms |
4 |
| Floor Area |
5,000 Sq. Ft. |
| Year Built |
51-99 |
| MLS® Number |
X8146408 |
| Listing Brokerage |
RE/MAX REALTRON REALTY INC.
|
| Postal Code |
L3B 3Z8 |
| Tax Amount |
$8,200 |
| Tax Year |
2023 |
