226 King ST new

Welland,ON L3B 3J7

$ 1275000

- Bed

- Bath

6600 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,600 sqft

Price per Sqft $193

Subdivision 768 - Welland Downtown

MLS Listing ID X12049240

Building Age 51-99

Annual Tax Amount $6,461

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

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.

Location

Province ON

County Niagara

Community 768 - Welland Downtown

Area Niagara

Interior

Cooling Yes

Exterior

Community Features Public Transit,Recreation/Community Centre

Utilities Available Yes

Lot Frontage 33.0

Lot Depth 114.41

Others

Security Features No

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