Name: 226 KING STREET, Welland (Welland Downtown) | MLS® X12407326
SKU: x12407326
Price: 1195000.0 CAD
Availability: InStock

$1,195,000 Sale

Listed 13 hours ago

226 KING STREET

MLS® x12407326 Residential Commercial Mix

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · 3775

Est. mortgage

$4,533/mo

Key Facts

Key facts for 226 KING STREET

Property Type

Commercial, Residential Commercial Mix

Parking

Garage: No, 0 parking

MLS #

X12407326

Size

3775 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

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 220-222 King Street offered in conjunction or separately). These properties are located within th...e 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 investors. 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 both 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 apartments provides stable rental income and remains in high demand due to its central location. Located 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 the citys long-term downtown renewal plan. Dont miss this rare opportunity to invest in 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. (id:10452)

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Full Property Details

Interior

Washrooms

0.0

Square Footage

3775 sqft

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

3775 sqft

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Exterior

Acreage

33 x 114.41 FT

Parking Spaces

Garage Spaces Y/N

Zoning Description

Downtown Mixed Use Commercial - (DMC)

Acreage

33 x 114.41 FT

Parking Spaces

Garage Spaces Y/N

Zoning Description

Downtown Mixed Use Commercial - (DMC)

Building Description

Style

Residential Commercial Mix

Home Type

Commercial

Subtype

Residential Commercial Mix

Water Supply

Municipal water

Style

Residential Commercial Mix

Home Type

Commercial

Subtype

Residential Commercial Mix

Water Supply

Municipal water

Community

768 - Welland Downtown

Area Code

Welland (Welland Downtown)

Community

768 - Welland Downtown

Area Code

Welland (Welland Downtown)

Babar Mohammad

Email: [email protected] Cell: 289-244-7722