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:61852)
MLS® Number | X12100316 |
Property Type | Office |
Community Name | 768 - Welland Downtown |
AmenitiesNearBy | Highway, Public Transit |
ParkingSpaceTotal | 23 |
BathroomTotal | 5 |
Age | 16 To 30 Years |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeInterior | 17093 Sqft |
Type | Offices |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Highway, Public Transit |
SizeDepth | 170 Ft ,7 In |
SizeFrontage | 100 Ft ,3 In |
SizeIrregular | 100.25 X 170.59 Ft |
SizeTotalText | 100.25 X 170.59 Ft |
ZoningDescription | Dmc (downttown Mixed Use Centre) |
Contact us for more information
Amanda Hoolihan
Broker