335 King ST Active Save Request In-Person Tour Request Virtual Tour
Welland,ON L3B 3K2
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 17,093 sqft
Price per Sqft $69
Subdivision 768 - Welland Downtown
MLS Listing ID X12100316
Building Age 16-30
Annual Tax Amount $15,726
Tax Year 2024
Property Sub-Type Office
Property Description
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.
Location
Province ON
County Niagara
Community 768 - Welland Downtown
Area Niagara
Zoning DMC (DOWNTTOWN MIXED USE CENTRE)
Interior
Cooling Yes
Exterior
Parking Features Outside/Surface
Community Features Major Highway,Public Transit
Utilities Available Yes
Building
Lot Description Lot