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12 EAST MAIN STREET, Welland (Welland Downtown), Ontario, L3B 3W3

MLS® # X12544714

Commercial For Sale In Market Square, Welland (Welland Downtown), Ontario

$575,000

None Beds

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12 East Main Street, Welland (Welland Downtown), ON

12 East Main Street, Welland (Welland Downtown), ON

12 East Main Street, Welland (Welland Downtown), ON

12 East Main Street, Welland (Welland Downtown), ON

12 East Main Street, Welland (Welland Downtown), ON

12 East Main Street, Welland (Welland Downtown), ON

12 East Main Street, Welland (Welland Downtown), ON

12 East Main Street, Welland (Welland Downtown), ON

12 East Main Street, Welland (Welland Downtown), ON

12 East Main Street, Welland (Welland Downtown), ON

12 East Main Street, Welland (Welland Downtown), ON

12 East Main Street, Welland (Welland Downtown), ON

12 East Main Street, Welland (Welland Downtown), ON

12 East Main Street, Welland (Welland Downtown), ON

12 East Main Street, Welland (Welland Downtown), ON

12 East Main Street, Welland (Welland Downtown), ON

12 East Main Street, Welland (Welland Downtown), ON

12 East Main Street, Welland (Welland Downtown), ON

12 East Main Street, Welland (Welland Downtown), ON

12 East Main Street, Welland (Welland Downtown), ON

12 East Main Street, Welland (Welland Downtown), ON

12 East Main Street, Welland (Welland Downtown), ON

Advertising

12 EAST MAIN STREET, Welland (Welland Downtown), Ontario, L3B 3W3

$575,000

Property Information:

POSITIVE CASH FLOW OPPORTUNITY prime commercial property in the heart of Welland's downtown core. This property has a high-visibility storefront and self-contained residential apartments and promises a robust income stream with an impressive cap rate. Conveniently located near Niagara College's Welland campus, public transit, and the scenic boardwalk, it also offers stunning views of the Welland Bridge and Canal. With its high-demand area and solid return potential, a total of 3600 sqft with 2 residential units (900 sqft each) and 1 large Commercial Storefront unit with 3 offices, approximately 1800 sqft. This property is a must-see for savvy investors. (id:27)

Building Features:

Style: Retail
Floor Space: 3600 sqft
Heating Type: Forced air
Heating Fuel: Electric
Cooling Type: None

Property Features:

Property Type: Retail
Floor Space (approx): 3600 Square Feet
Irregular: Yes
Lot Depth: 83.6 Feet
Lot Frontage: 27.1 Feet
Lot Size: Unit=27.1 x 83.6 FT
Zoning: DMC

Courtesy of: REVEL Realty Inc., Brokerage

Rating:

Notes:

Market Price Trends

Location of 12 EAST MAIN STREET, Welland (Welland Downtown), Ontario, L3B 3W3

Lifestyle
Neighbourhood

Demographic Information of 12 EAST MAIN STREET, Welland (Welland Downtown), Ontario, L3B 3W3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$75,596.42

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.35 %

High school certificate or equivalent

39.7 %

Apprenticeship trade certificate/diploma

8.22 %

College/non-university certificate

21.75 %

University certificate (below bachelor)

0.27 %

University Degree

11.7 %

Commuter

Travel To Work

By Car

77.88 %

By Public Transit

3.46 %

By Walking

13.03 %

By Bicycle

0.0 %

By Other Methods

5.63 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

52.15 %

Houses

47.85 %

Own Vs. Rent

12 EAST MAIN STREET, Welland (Welland Downtown), Ontario, L3B 3W3 $575,000 MLS® # X12544714