244 King Street Welland, Ontario L3B 3J8

24,126 ft2

$7,500,000

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. (id:62104)

Property Details

MLS® Number 40814553
Property Type Other
Amenities Near By Public Transit, Schools
Community Features High Traffic Area
Features Visual Exposure, Elevator, Passenger Elevator
Parking Space Total 18

Building

Basement Type Full
Exterior Finish Brick, Stucco
Fire Protection Unknown
Foundation Type Block
Stories Total 2
Size Exterior 24126.0000
Size Interior 24,126 Ft2
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 584 Ft
Size Frontage 44 Ft
Size Irregular 0.25
Size Total 0.25 Ac|under 1/2 Acre
Size Total Text 0.25 Ac|under 1/2 Acre
Zoning Description Dmc, Rl2

https://www.realtor.ca/real-estate/29509067/244-king-street-welland

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