38 Division Street

Market Square, Welland, ON, L3B 3Z6

Beds

Baths

3,400

Sq. Ft.

$849,900

List Price

Quick Summary

Rare purpose-built 4-plex building opportunity
Fully leased mixed-use building in downtown core
Spacious and quality-tenanted residential units
Newer roof (2023) and renovated commercial unit
Driveway access and 3-car parking in rear
Potential for future large lease increases
Many incentives available in downtown core
Full financial statement and feature sheets

Rare purpose built 4 plex building opportunity for purchase in the heart of Welland, downtown! LIVE, WORK & PLAY with this Solid mixed-use building in downtown core, currently fully leased with 3 residential apartments and 1 commercial unit. The main floor is a commercial unit current used as a Salon with a long term lease in place. The 3 Residential units are very spacious and have solid, quality tenants with potential for future large lease increases! Many possibilities here. Has its own driveway access and 3 car parking in the rear. Many upgrades include a newer Roof (2023) and fully renovated commercial unit and unit 1 (with market rents). Many incentives in the downtown core available. Full financial statement and feature sheets attached in the listing. (id:54626)

Property Details

Size

3,400 sq. ft.

0 Beds

0 Baths

Lot

Size

273′0″ * 1512′12″

Acres

Heating & Cooling

Heating

Radiant heat

Cooling

Utilities

Water

Municipal water

Sewer

SHOW LESS

Source

Listing Brokerage

MLS® Listing

X10408164

Brokerage

RE/MAX REAL ESTATE CENTRE INC.

MLS® Listing

X10408164

Last Updated

November 7, 2024

Brokerage

RE/MAX REAL ESTATE CENTRE INC.

Call us 800-591-0566

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.