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Home ON St. Catharines - Niagara Welland Market Square
226 KING STREET
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226 KING STREET $1,275,000
3 days ago
$1,275,000
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226 KING STREET
Welland (768 - Welland Downtown), Ontario L3B3J7

MLS® Number: X12049240

Listing Description

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 St.) These properties are part of the Welland Community Improvement Plan, offering potential benefits and incentives for redevelopment, rejuvenation, and investment. Both properties are zoned DMC (Downtown Mixed-Use Commercial), allowing for a wide range of expansion or redevelopment possibilities, with versatility, consistent income potential, and long-term value. Currently, the properties generate multiple revenue streams through fully tenanted commercial and residential spaces. The spacious ground-floor commercial retail units are ideal for storefront, office, café, financial or medical practice, or other professional services and benefit from prime exposure, high visibility, and heavy foot traffic - existing tenants willing to stay! The upper-level residential apartments provide additional rental income with strong tenant demand. Located just steps from the Welland Canal, the Merritt Park Amphitheatre and floating stage which hosts events and festivals attracting visitors and locals throughout the year. Luxury waterfront condominiums are already launching their projects nearby as this area is poised for significant growth. A vibrant, pedestrian-friendly district undergoing major revitalization efforts aimed at rejuvenating the King Street corridor. Capitalize on this high-potential investment in the rapidly growing Downtown core of Welland! Buyers verify measurements and all requirements. (40140918)

Location Description

KING ST/ STATE ST

Property Summary

Property Type
Retail
Community Name
768 - Welland Downtown
Land Size
33 x 114.41 FT
Age Of Building
51 to 99 years
Annual Property Taxes
$6,461.28
Time on REALTOR.ca
3 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Retail and Wholesale (Retail misc.)
Neighbourhood Features
Amenities Nearby
Public Transit, Recreation

Measurements

Square Footage
6600 sqft

Land

Lot Features
Frontage
33 ft
Land Depth
114 ft ,4 in
Other Property Information
Zoning Description
DMC - DOWNTOWN MIXED USE COMMERCIAL
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
AMANDA ABERGEL