$287.58 Per Sq Foot $5,094 est/mo Sourced by Back At You

94 Empire Street,Welland, ON L3B 2L4

Welland ON, L3B 2L4

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Description

PRIME INVESTMENT OPPORTUNITY: COMMERCIAL + RESIDENTIAL. Are you looking for a property that offers a perfect blend of potential rental income and business space? Look no further! This meticulously maintained mixed-use property is now available for sale, featuring one commercial unit and three residential units. The commercial unit was leased for $1500/month previously which is currently now vacant. 2 bed apartment on the main level is currently leased for 1600/month and the 2 bed apartment on the upper level is currently leased for $1300/month to AAA tenants. 3 bed apartment on upper level is currently listed for $1800/month making the total rental potential for this property more than $6000/month. This property presents an excellent investment opportunity with multiple income streams. The commercial unit can provide steady rental income, while the residential units offer long-term tenants. The growing demand for mixed-use properties in this area makes it an attractive option for investors and entrepreneurs. Don't miss out on this amazing oppurtunity!! Book your showing today!!

Details

MLS#40540416
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site95
Listing Provided ByREVEL Realty Inc., Brokerage | Anmol Vig

Features

SQ Feet3,300
Garage2
BasementY
Story(s)2
ZoningRL2
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 2 minutes ago
ProvinceON
CountyNiagara
CityWelland
Postal CodeL3B 2L4
AreaWelland
Subarea773 Lincoln | Crowland
Community Name773 Lincoln/Crowland
Listing VS Median (in 773 Lincoln/Crowland)
Price:
$949,000
low | high
Med:
$527,000
94.467860906217% of Average
SqFt:
3,300
low | high
Med:
1,493
100% of Average
$ / SqFt:
$288
low | high
Med:
$353
27.220465987589% of Average
On Site:
95
low | high
Med:
131
72.519083969466% of Average
Sourced by Back At You
Listing Updated: February 14, 2024 at 11:48:57 AM PST