
Welland, ON L3B 3J7
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 226 King Street - offered in conjunction or separately).These properties are located within the 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 investor visionaries. 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 fully tenanted 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 apartment provides stable rental income and remains in high demand due to its central location 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 Welland's city rejuvenation plan. Don't miss this opportunity to capitalize on 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. Do your Due Diligence.
TRREB MLS® Attribution
MLS® X12672152
Listed by REVEL REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$4,151
/month · $680,000 mortgage
Amortization
Total Interest
$565,199
Total Cost
$1,245,199
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
REVEL REALTY INC.