$1,190,000

276 King Street

Welland ON, L3B 3J8

Description

Investors attention, VERY RARE opportunity to own a laundry, restaurant, retail store, residential, apartment, and warehouse business all in one! Price includes 4 legal titles (268 King St+272 King St+274 King st +278 King St), combine to 276 King st. Warehouse at the back can concert to a residential property + Coin Laundry Business. The seller retired, looking forward, the wised investors to start a new chapter with an amazing highly visible location. Convert this building to a cash cow, Potential income about $15000/month. 268 King st and 272 King are 2 bachelors (or can be used as offices), 274 King st has two 3-bedrooms apartments upstairs, 278 King st has 2 commercial properties downstairs (currently one use as laundry business and another one is empty now), upstairs contains 10 rooms office space before, currently under construction condition, easy to convert to two 3-bedrooms. The property will be sold In As Is-Where Is condition. Close to Niagara College, Seaway Mall, Conservation Area, Merritt Island, Golf Courses, etc. The current rental income situation CAN NOT represent the future. The property can be empty by the seller prior to closing. Call today for more info or book your private tour. all room's size is not accurate, buyers or buyer's agents need to verify when showing.

Details

MLS#30823888
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site19

Features

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Area Information
ProvinceON
CountyNiagara
CityWelland
Postal CodeL3B 3J8
Area7 - Welland
Listing VS Median (in L3B 3J8)
Price:
$1,190,000
low | high
Med:
$1,190,000
50% of Average
On Site:
19
low | high
Med:
19
100% of Average
Listing Updated: 08/11/2020
YIFEI LIN LogoMLS Number: 30823888
Listing Provided By:
YIFEI LIN  of  RE MAX NIAGARA REALTY LTD.
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