226 King ST new

Welland,ON L3B 3J7

$ 1195000

- Bed

- Bath

3775 SqFt


Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,775 sqft

Price per Sqft $316

Subdivision 768 - Welland Downtown

MLS Listing ID X12407326

Annual Tax Amount $6,461

Tax Year 2025

Property Sub-Type Store W Apt/Office

Property Description

Attention Builders, Developers, Investors, and Visionaries! 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 Street offered in conjunction or separately). These properties are located within the Welland Community Improvement Plan (CIP) zone, making them eligible for potential redevelopment incentives, grants, and municipal planning support ideal for builders, owner-operators, and forward-thinking investors. Zoned DMC (Downtown Mixed-Use Commercial), both parcels offer outstanding flexibility and potential for future expansion, including condominiums, medical or professional offices, retail storefronts, and more.Currently, the buildings generate multiple income streams from both commercial and residential units. The ground-floor retail space benefits from excellent exposure and consistent foot traffic during local events, farmers markets, and downtown festivals. Well-established commercial tenants are in place and willing to remain. The upper-level residential apartments provides stable rental income and remains in high demand due to its central location. Located just steps from the scenic Welland Canal, Merritt Park Amphitheatre, and the floating stage, this site is positioned within a vibrant, walkable district that is actively undergoing revitalization as part of the citys long-term downtown renewal plan. Dont miss this rare opportunity to invest in a high-potential, income-producing asset in the rapidly growing core of Downtown Welland.Buyer and buyers representatives to verify all measurements, uses, taxes, zoning, and future development requirements.

Location

Province ON

County Niagara

Community 768 - Welland Downtown

Area Niagara

Interior

Cooling Yes

Exterior

Utilities Available Yes

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