Quick Summary
Quick Summary
- Prime downtown location near Welland Canal and City Hall
- Versatile zoning with many permitted commercial and residential uses
- Built in 1927 with recent roof and some unit upgrades
- Fully occupied 4-plex with good rental income potential
- Coin laundry on-site; tenants pay own hydro
- Possibilities to expand and live & work on-site rent-free
- Opportunity for future restaurant, office, mixed-use
- Solid all brick building in high traffic area
Prime Downtown Location with one of Welland’s most versatile zoning by laws there is (DMC). This solid all brick 4 plex was built in 1927 and was built to last. Located in high traffic area within minute walk to Welland Canal and City Hall, this building offers the possibilities for many future uses including Restaurant, Mixed... Show More
Prime Downtown Location with one of Welland’s most versatile zoning by laws there is (DMC). This solid all brick 4 plex was built in 1927 and was built to last. Located in high traffic area within minute walk to Welland Canal and City Hall, this building offers the possibilities for many future uses including Restaurant, Mixed Commercial/Residential, Medical Office, the permitted uses are endless and the possibilities to expand may also be an option to increase monthly revenue and live and work from your own space rent free. Currently Fully Occupied and features two 2-bedroom units- one 1-Bedroom Unit and one Bachelor Unit. Coin Laundry on site and all tenants pay their own Hydro. Recent upgrades include New Membrane roof 2023,2023 Rents Unit 1 $1100.00, Unit 2 $1250.00, Unit 3 $1700.00, Unit 4 $1700.00. If you’re looking for potential and opportunity, then this might just be the one you have been looking for. Some of the units have been updated to include new floors, kitchens, paint and bathroom. (id:54626)
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For Sale Nearby
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- 3,500 - 5,000 Sq. Ft.
- 8
- 6
- 1,500 - 2,000 Sq. Ft.
- 3
- 1
- 1,100 - 1,500 Sq. Ft.
- 3
- 2
- 1,500 - 2,000 Sq. Ft.
- 3
- 3
- 1,500 - 2,000 Sq. Ft.
- 4
- 2
- 1,500 - 2,000 Sq. Ft.
- 4
- 4
- 1,500 - 2,000 Sq. Ft.
- 4
- 4
- 4
- 4
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