244 King Street, Welland, ON L9H 1V9

Welland L9H 1V9 Ontario

MLS: X12915936

$7,500,000

Added 2 hours ago | For Sale

Listed by: RE/MAX ESCARPMENT GOLFI REALTY INC.

About Property

Exceptional investment opportunity in a prime Welland location. This property has undergone a complete transformation featuring a brand-new interior built in 2025. The ground floor features established commercial tenants, including a medical clinic and a pharmacy, providing stable and reliable income. In addition, the plaza includes 26 residential units (rentals), creating multiple income streams and strong cash flow potential. Ideal for investors seeking consistent returns, multi-use flexibility, and long-term value appreciation. The dual street exposure enhances accessibility, and visibility.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 43.7 X 583.8
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:King Street and State Street
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $14852
  • Bedrooms:
  • Total Parking Spaces:18
  • Parking Places:18
  • Heating Type:Baseboard
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12915936

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