115-117 Division St
Welland, L3B3Z8
For Sale
$2,299,786
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Multi-Use
CATEGORY11,160 Sq Ft
TOTAL AREAX8135810
MLSIDContact Us
Property Description
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!
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Property Details
Category
Multi-Use
Usage
Other
Zoning
DMC-Downtown Mixed
Total Area
11,160 Sq Ft
Office/Apartment Area
2,500 Sq Ft
Retail Area
3,000 Sq Ft
Industrial Area
5,660 Sq Ft
Lot Size
66' x 166'
Taxes
$8,200 (2023)
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Listing contracted with Re/Max Realtron Realty Inc.
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