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$850,000
Available - For Sale
Listing ID: X12672152
Attention Builders, Developers, Investors, and Visionaries! A rare and exceptional opportunity to acquire two (2) side-by-side mixed-use commercial properties in the heart of Downtown Welland (Also see 226 King Street - offered in conjunction or separately).These properties are located within the Welland Community Improvement Plan (CIP) zone, making them eligible for potential redevelopment incentives, grants, and municipal planning support - ideal for builders, owner-operators, and forward-thinking investor visionaries. Zoned DMC (Downtown Mixed-Use Commercial), both parcels offer outstanding flexibility and potential for future expansion, including condominiums, medical or professional offices, retail storefronts, and more. Currently, the buildings generate multiple income streams from fully tenanted commercial and residential units. The ground-floor retail space benefits from excellent exposure and consistent foot traffic during local events, farmers markets, and downtown festivals. Well-established commercial tenants are in place and willing to remain. The upper-level residential apartment provides stable rental income and remains in high demand due to its central location just steps from the scenic Welland Canal, Merritt Park Amphitheatre, and the floating stage. This site is positioned within a vibrant, walkable district that is actively undergoing revitalization as part of Welland's city rejuvenation plan. Don't miss this opportunity to capitalize on a high-potential, income-producing asset in the rapidly growing core of Downtown Welland. Buyer and buyers representatives to verify all measurements, uses, taxes, zoning, and future development requirements. Do your Due Diligence.
Price $850,000
Taxes: $6,329
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 220-222 King Street , Welland, L3B 3J7, Niagara
Postal Code: L3B 3J7
Province/State: Niagara
Directions/Cross Streets: King St./ State St.
No. of Pieces Level
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Washroom 45:  0
Category: Multi-Use
Use: Retail Store Related
Building Percentage: T
Total Area: 4,859
Total Area Code:  Square Feet
Office/Appartment Area: 936
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
Outside Storage: F
Heat Type: Gas Forced Air Close
Central Air Conditioning: Partial
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REVEL REALTY INC.

220-222 King Street , Welland, L3B 3J7, Niagara

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Maria Tompson
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Type: Com - Commercial Retail
Area: Niagara
Municipality: Welland
Neighbourhood: 768 - Welland Downtown
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Lot Size: x 114.40(Feet)
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Tax: $6,329
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
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Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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