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12 EAST MAIN STREET, Welland (768 - Welland Downtown), Ontario, L3B 3W3

MLS® # X10420317
new listing
Commercial For Sale In Market Square, Welland (768 - Welland Downtown), Ontario
$699,990

4 Beds

2 Baths

12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
12 East Main Street, Welland (768 - Welland Downtown), ON
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ACTIVE
12 EAST MAIN STREET, Welland (768 - Welland Downtown), Ontario, L3B 3W3
$699,990

4 Beds

2 Baths

Property Information:

POSITIVE CASH FLOW OPPORTUNITY with this prime commercial property in the heart of Welland's downtown core. This property has a high-visibility storefront and self-contained residential apartments and promises a robust income stream with an impressive Cap rate. Conveniently located near Niagara College's Welland campus, public transit, and the scenic boardwalk, it also offers stunning views of the Welland Bridge and Canal. With its high demand area and solid return potential, a total of 3600 sqft with 2 residential units (900sqft each) and 1 large Commercial Storefront unit with 3 offices approximately 1800sqft. This property is a must-see for savvy investors. Act quickly to secure this lucrative opportunity before it’s gone! (id:27)

Building Features:

  • Style: Business
  • Basement Development: Partially finished
  • Basement Type: Partial
  • Exterior Finish: Stucco, Brick
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Business
  • Bedrooms: 4
  • Bathrooms: 2
  • Irregular: Yes
  • Lot Depth: 83.6 Feet
  • Lot Frontage: 27.1 Feet
  • Lot Size: Unit=27.1 x 83.6 FT
  • Zoning: DMC
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 2

Courtesy of: REVEL Realty Inc., Brokerage

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 12 EAST MAIN STREET, Welland (768 - Welland Downtown), Ontario, L3B 3W3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-High

39 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate-High

39 hot days expected in 2050

62/100

Moderate-High

ClimateCheck®

Current data

This property, 12 EAST MAIN STREET , experiences 7 hot days per year at around 30.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 39 hot days at 33.9 degrees Celsius.

Projected Avg. Temperature

Past
30.2℃
2050
33.9℃

# Hot Days Per Year

Past
7
2050
39

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 12 EAST MAIN STREET , experiences 11 significant 2-day storms per year, with about 326.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 404.5mm of precipitation per year.

Precipitation Per Storm

Past
326.3mm
2050
404.5mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 12 EAST MAIN STREET, Welland (768 - Welland Downtown), Ontario, L3B 3W3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$75,596.42

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.35 %

High school certificate or equivalent

39.7 %

Apprenticeship trade certificate/diploma

8.22 %

College/non-university certificate

21.75 %

University certificate (below bachelor)

0.27 %

University Degree

11.7 %

Commuter

Travel To Work

By Car

77.88 %

By Public Transit

3.46 %

By Walking

13.03 %

By Bicycle

0.0 %

By Other Methods

5.63 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

52.15 %

Houses

47.85 %

Own Vs. Rent

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