276 King St

Welland, L3B3J8
UNAVAILABLE
276 King St, Welland
Multi-Use
CATEGORY
20,639 Sq Ft
TOTAL AREA
X5200400
MLSID
Contact Us
Property Description
Price Include 268+270+272+274+276+278 King St+Detached Warehouse Facing Albert St. ** Up To 70% Vtb Financing Available ** Combined Frontage 88 Feet.4 Buildings + 1 Detached Warehouse (Potential To Convert Back Into A Winery Or Start A New Marijuana/Cannabis Cultivation Facility Or 10 Residential Units). Current Use Is Laundromat/Take-Out Restaurant/Retail/Mix Use Of Residential/Commercial Bldg. About 7 Minutes Drive To Niagara College Welland Campus
Extras
Potential Gross Income Over $20,000 / Month. No Property Survey. Property Being Sold In "As Is-Where Is", No Warranties / Representation From Seller / Agents. Buyer To Perform His Own Due Diligence And To Verify All Zoning And Measurement.
Property Details
Category
Multi-Use
Usage
Retail Store Related
Zoning
Dmc Per Mpac
Total Area
20,639 Sq Ft
Lot Size
88' x 111'
Taxes
$15,604 (2020)
Parking Spaces
10
Air Conditioning
Yes
Listing contracted with Re/Max Realty Specialists Inc., Brokerage
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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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