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$ 1,190,000
Est. payment /mo
Active
335 King ST Welland, ON L3B 3K2
5 Baths
17,093 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 17,093 sqft
Price per Sqft $69
Subdivision 768 - Welland Downtown
MLS Listing ID X12100314
Building Age 16-30
Annual Tax Amount $15,726
Tax Year 2024
Property Sub-Type Investment
Property Description
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.
Location
Province ON
County Niagara
Community 768 - Welland Downtown
Area Niagara
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 100.25
Lot Depth 170.59
Others
Security Features No
Listed by RE/MAX ABOUTOWNE REALTY CORP.