115-117 Division Street
Welland Welland L3B 3Z8

$2,299,786 /For Sale
Commercial

Main Photo: 115-117 Division Street in Welland: Property for sale : MLS®# X8135810
Photo 1: 115-117 Division Street in Welland: Property for sale : MLS®# X8135810
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X8135810
Bus Major:
Other
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!
King Street To Division Street
Property Type:
Commercial
Commercial Type:
Commercial/Retail
Approx. Age:
51-99
Depth:
165'6¼"
Frontage:
66'2"
Total Area:
11,160 sq. ft.
Office/Apt Area:
2,500 sq. ft.
Industrial Area:
5,660 sq. ft.
Retail Area:
3,000 sq. ft.
Zoning:
DMC-Downtown Mixed
Heating type:
Gas Forced Air Closd
Basement:
Full
Garage:
Outside/Surface
Possession Details:
TBD
Taxes:
$8,200 / 2023
Assessment:
$- / -
Utilities:
Y
Water supply:
Municipal
Sewer:
San+Storm
Seller Property Info Statement:
No
Air Conditioning:
Part
Chattels:
Yes
Log/Bldg/Unit Code:
Lot
Rail:
No
Sprinkler system:
Part
Type Taxes:
Annual
Category:
Multi-Use
Major Business Type:
Other
Financial Statements:
Yes
Freestanding:
Yes
Date Listed:
Mar 12, 2024
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Listed by RE/MAX REALTRON REALTY INC.
Data was last updated July 25, 2024 at 03:55 PM (UTC)