$2,299,786
Available - For Sale
Listing ID: X8135810
115-117 Division St , Welland, L3B 3Z8, Ontario
| 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! |
| Price | $2,299,786 |
| Taxes: | $8200.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 115-117 Division St , Welland, L3B 3Z8, Ontario |
| Postal Code: | L3B 3Z8 |
| Province/State: | Ontario |
| Legal Description: | Lt 23 P1 551, S/S Division St ; Welland |
| Lot Size: | 66.17 x 165.52 (Feet) |
| Directions/Cross Streets: | King Street To Division Street |
| Category: | Multi-Use |
| Use: | Other |
| Building Percentage: | Y |
| Total Area: | 11160.00 |
| Total Area Code: | Sq Ft Divisible |
| Office/Appartment Area: | 2500 |
| Office/Appartment Area Code: | Sq Ft |
| Industrial Area: | 5660 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 3000 |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 51-99 |
| Financial Statement: | Y |
| Chattels: | Y |
| Sprinklers: | Part |
| Rail: | N |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Part |
| Elevator Lift: | None |
| Sewers: | San+Storm |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX REALTRON REALTY INC. |
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|
Mina Nourikhalichi
Broker
Dir:
416-882-5419
Bus:
905-731-2000
Fax:
905-886-7556
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Niagara |
| Municipality: | Welland |
| Lot Size: | 66.17 x 165.52(Feet) |
| Approximate Age: | 51-99 |
| Tax: | $8,200 |
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