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226 King Street Image 1

$1,275,000

Mar 29Commercial Retail For Sale
bedroomsbed
washrooms0bath
MLS - #X12049240

226 King Street, Welland, ON L3B 3J7

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Average Price
127500000.0%
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Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

N/A

About 226 King Street

A rare and exceptional opportunity to acquire two (2) side-by-side mixed-use commercial properties in the heart of Downtown Welland. (Also see 220-222 King St.) These properties are part of the Welland Community Improvement Plan, offering potential benefits and incentives for redevelopment, rejuvenation, and investment. Both properties are zoned DMC (Downtown Mixed-Use Commercial), allowing for a wide range of expansion or redevelopment possibilities, with versatility, consistent income potential, and long-term value. Currently, the properties generate multiple revenue streams through fully tenanted commercial and residential spaces. The spacious ground-floor commercial retail units are ideal for storefront, office, café, financial or medical practice, or other professional services and benefit from prime exposure, high visibility, and heavy foot traffic - existing tenants willing to stay! The upper-level residential apartments provide additional rental income with strong tenant demand. Located just steps from the Welland Canal, the Merritt Park Amphitheatre and floating stage which hosts events and festivals attracting visitors and locals throughout the year. Luxury waterfront condominiums are already launching their projects nearby as this area is poised for significant growth. A vibrant, pedestrian-friendly district undergoing major revitalization efforts aimed at rejuvenating the King Street corridor. Capitalize on this high-potential investment in the rapidly growing Downtown core of Welland! Buyers verify measurements and all requirements.

Home Overview

Last updated

Mar 31

Virtual tour

None

Basement information

Building size

6600

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

2024

Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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