244 King Street
Welland, Ontario L3B 3J8
Exceptional investment opportunity in a prime Welland location. The plaza includes 26 residential units (rentals), creating multiple income streams and strong cash flow potential, along with 2 commercial units (under a 10-year lease), including a medical clinic and a pharmacy, providing stable and reliable income. This property has undergone a complete transformation, featuring a brand-new interior built in 2025. Ideal for investors seeking consistent returns, multi-use flexibility, and long-term value appreciation. Dual street exposure enhances accessibility and visibility. (id:15265)
$7,500,000 For sale
- MLS® Number
- 40814553
- Type
- Other
- Parking
- 6
- SQ Footage
- 24,126 ft2
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Property Details
| MLS® Number | 40814553 |
| Property Type | Other |
| AmenitiesNearBy | Public Transit, Schools |
| CommunityFeatures | High Traffic Area |
| Features | Visual Exposure, Elevator, Passenger Elevator |
| ParkingSpaceTotal | 6 |
Land
| AccessType | Road Access |
| Acreage | No |
| LandAmenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| SizeDepth | 584 Ft |
| SizeFrontage | 44 Ft |
| SizeIrregular | 0.25 |
| SizeTotal | 0.25 Ac|under 1/2 Acre |
| SizeTotalText | 0.25 Ac|under 1/2 Acre |
| ZoningDescription | Dmc, Rl2 |
Building
| BasementType | Full |
| ExteriorFinish | Brick, Stucco |
| FireProtection | Unknown |
| FoundationType | Block |
| StoriesTotal | 2 |
| SizeExterior | 24126.0000 |
| SizeInterior | 24,126 Ft2 |
| UtilityWater | Municipal Water |
Location Map
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April 01 2026 10:30:27
REALTORSĀ® Association of Hamilton-Burlington
RE/MAX Escarpment Golfi Realty Inc.
