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.
Overview
Property ID:
X12100313
Type:
Commercial Retail
Bathrooms:
5
Square:
17,093 m²
Price:
$1,190,000
PropertyType:
Commercial
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
Yes
Heating:
Gas Forced Air Closed
ParkingFeatures:
Outside/Surface
YearBuilt:
16-30
TaxAnnualAmount:
15726
PossessionDetails:
Unknown
Map
-
AddressWelland
Contact Agency
Write A Review
0 Reviews
0 out of 5
Featured properties
The Most Recent Estate
Selling
Commercial Retail
36 minutes ago
$2,650,000
Lower Town - Sandy Hill, 4002 - Lower Town
Selling
Commercial Retail
9 hours ago
$365,000
Hunt Club - Windsor Park Village and Area, 4806 - Hunt Club
Selling