$304.42 Per Sq Foot $7,354 est/mo Sourced by Back At You

192 Maple Avenue,Welland, ON L3C 5G5

Welland ON, L3C 5G5

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Description

"Prime Investment Opportunity: Sturdy Building with Thriving Businesses and Room for Expansion" Discover a solid investment in this robust building strategically located in a high-traffic area. Originally two lots, it currently hosts two bustling commercial units and three fully occupied residential spaces, offering not just returns but also the potential for growth. At the heart of the commercial scene is the Kavern Bar and Kitchen, a reliable tenant boasting a full kitchen, seating for over 100 patrons, and two basement event centers. It's more than a bar; it's a community focal point that ensures not just income but a touch of local character. Built to endure, this property is ready for action. Fully occupied residential units provide a steady income, while the success of Kavern Bar & Kitchen promises immediate returns for those seeking a solid investment. Ample parking adds convenience for everyone coming through the door. What sets this place apart is its potential for future development. Originally two lots, there's room to expand, renovate, or kickstart new projects. This isn't about ruggedness; it's about offering a canvas for your vision and plans. Adding a touch of practicality, a digital board becomes your versatile billboard, promoting businesses in a straightforward, effective way. It's not about being gritty; it's about visibility and attracting attention from the neighborhood in a way that resonates. This investment isn't about extravagance; it's about reliability. Whether you're after immediate returns or planning for future growth, this building provides a stable foundation for both. Don't miss out on this opportunity.

Details

MLS#40611871
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site23
Listing Provided ByCOLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE | Alain Raby

Features

SQ Feet4,500
BasementY
Story(s)2
ZoningCC2
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 1 minute ago
ProvinceON
CountyNiagara
CityWelland
Postal CodeL3C 5G5
AreaWelland
Subarea772 Broadway
Community Name772 Broadway
Listing VS Median (in 772 Broadway)
Price:
$1,369,900
low | high
Med:
$629,900
100% of Average
SqFt:
4,500
low | high
Med:
1,100
100% of Average
$ / SqFt:
$304
low | high
Med:
$573
38.105966593447% of Average
On Site:
23
low | high
Med:
23.000000
100% of Average
Sourced by Back At You
Listing Updated: July 14, 2024 at 8:46:25 AM PDT