$7,500,000
Available - For Sale
Listing ID: X12915936
244 King Street , Welland, L9H 1V9, Niagara
| Exceptional investment opportunity in a prime Welland location. This property has undergone a complete transformation featuring a brand-new interior built in 2025. The ground floor features established commercial tenants, including a medical clinic and a pharmacy, providing stable and reliable income. In addition, the plaza includes 26 residential units (rentals), creating multiple income streams and strong cash flow potential. Ideal for investors seeking consistent returns, multi-use flexibility, and long-term value appreciation. The dual street exposure enhances accessibility, and visibility. |
| Price | $7,500,000 |
| Taxes: | $14852.00 |
| Tax Type: | Annual |
| Assessment Year: | 2026 |
| Occupancy: | Owner+T |
| Address: | 244 King Street , Welland, L9H 1V9, Niagara |
| Postal Code: | L9H 1V9 |
| Province/State: | Niagara |
| Legal Description: | PT LTS 21 & 22 PL 555 AS IN RO396436, S/ |
| Directions/Cross Streets: | King Street and State Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Apartment |
| Use: | Apts - Over 20 Units |
| Building Percentage: | T |
| Total Area: | 24126.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 3042 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 51-99 |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX ESCARPMENT GOLFI REALTY INC. |
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Aneta Andrews
Broker
Dir:
416-576-5339
Bus:
905-278-3500
Fax:
1-888-407-8605
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Niagara |
| Municipality: | Welland |
| Neighbourhood: | 768 - Welland Downtown |
| Approximate Age: | 51-99 |
| Tax: | $14,852 |
| Fireplace: | N |
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