Welland, ON L3B 3J7,220-222 King ST
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Welland, ON L3B 3J7,220-222 King ST
Welland, ON L3B 3J7,220-222 King ST
Welland, ON L3B 3J7,220-222 King ST
Welland, ON L3B 3J7,220-222 King ST
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220-222 King ST Welland, ON L3B 3J7

2,775 SqFt


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Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Square Footage 2,775 sqft

Price per Sqft $306

Subdivision 768 - Welland Downtown

MLS Listing ID X12407231

Annual Tax Amount $6,329

Tax Year 2024

Property Sub-Type Store W Apt/Office

Lot Depth 114.4

Lot Front 33.0

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 226 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 investor visionaries. 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 fully tenanted 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 apartment provides stable rental income and remains in high demand due to its central location 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 Welland's city rejuvenation plan. Don't miss this opportunity to capitalize on 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. Due your due diligence.

Location

Province ON

County Niagara

Community 768 - Welland Downtown

Area Niagara

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 33.0

Lot Depth 114.4

Others

Security Features No


Listed by REVEL REALTY INC.
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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220-222 King ST