Cap Rate 6.4 %. Downtown Mixed Use Centre zoned investment property in Welland, Ontario. Property currently offers 4,730 sq ft building with 23 parking spaces, 4 separate hydro meters, 5 bathrooms, 2 kitchens, building is also handicap accessible. Currently site is leased to one tenant with 5 year lease term. Great investment and development site with permission for 8-storey condo development or retirement home. (id:13843)
MLS # | X12100316 |
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Listing Type | For Sale |
Status | Active |
Days On Site | 78 |
Listing Provided By | RE/MAX ABOUTOWNE REALTY CORP. | AMANDA HOOLIHAN |
Bath(s) | 5 Total |
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SQ Feet | 17,093 |
Zoning | DMC (DOWNTTOWN MIXED USE CENTRE) |
Property | 15726 |
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Province | ON |
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City | Welland (Welland Downtown) |
Postal Code | L3B3K2 |