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Welland,ON L3B 3L5
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1,323 sqft
Price per Sqft $491
MLS Listing ID X10454128
Annual Tax Amount $1,623
Tax Year 2024
Property Description
THIS COMMERCIAL ZONED SIDE-BY-SIDE DUPLEX @ 1323 sqft IS CURRENTLY RESIDENTIALLY RENTED AS TWO UNITS: A 1 BEDROOM AND A LARGE 2 BEDROOM BUT MAY BE USED UNDER THE MANY COMMERCIAL USES UNDER INSH, CC2. LOCATED IN A GROWING AND CENTRAL AREA OF WELLAND, ACROSS THE STREET FROM THE WELLAND FIRE STATION, CLOSE TO RESTAURANTS, THE HOSPITAL, THE CANAL & WALKING TRAILS, PLUS PROXIMAL TO A PLETHORA OF RESIDENTIAL DEVELOPMENT--PERFECT FOR SHORT TERM RENTALS, RESTAURANTS, VARIOUS STOREFRONTS & BUSINESSES! THE FRONT UNIT IS SURPRISINGLY SPACIOUS WITH 2 BEDROOMS, LARGE BATHROOM AND SPRAWLING OPEN CONCEPT KITCHEN/LIVING/DINING ROOM. THE REAR UNIT HAS ONE BEDROOM AND MANY UPDATES COMPLETED IN 2022. THIS UNIT HAS A PRIVATE REAR FENCED PATIO AREA. BOTH UNITS HAVE TWO ENTANCES AND ACCESS TO THE FULL BASEMENT (WITH SEPARATE ENTRANCE) AND USE THE COIN OPERATED WASHER AND DRYER. PRIVATE REAR PARKING, ASPHALT DRIVEWAY AND PARKING FOR 3 CARS PLUS PLENTY OF STREET PARKING. WITH THE NEARBY COMMUNITY GROWING RAPIDLY, THIS PROPERTY IS AN EXCELLENT OPPORTUNITY TO DEVELOP AS A COMMERCIAL SPACE EX. STORE/BUSINESS TO ACCOMODATE THE INCREASING POPULATION.
Location
State ON
County Niagara
Zoning INSH CC2
Interior
Cooling No
Inclusions COIN OPERATED WASHER AND DRYER, 2 FRIDGES, 2 STOVES, LIGHT FIXTURES
Exterior
Utilities Available Yes