Active
115-117 Division St
Welland Ontario, L3B 3Z8
$2,299,786
Active
Commercial
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 11,160 sf comprising of Retail, Residential 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!
X8135810
MLSⓇ ID
April 9, 2024
Updated
Map
115-117 Division St
Welland Ontario, L3B 3Z8
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Part
Heating
Yes
Heating Description
Gas Forced Air Closd
Exterior/Building Features
Lot Size
0.25 Acres
Sewer
SanStorm
Other Property Details
Taxes
$8,200
Tax Frequency
Annually
Garage
No
Parking
Outside/Surface
View
No
County
Ontario
Municipality
Welland
Water Source
Municipal
Pool
No
Zoning
DMC-Downtown Mixed
Courtesy of Listed by , RE/MAX REALTRON REALTY INC.,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
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Data last updated 5:11 PM UTC, 4/9/2024