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Chad Gale
Chad Gale
Sales Representative
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From:

Offered by:
Revel Realty Inc., Brokerage

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87 East Main Street
Welland, ON L3B 3W5
MLS# 30714902 ID: 58304080
4780 sq.ft.
$424,900
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Property Description
Commercial Investment in Prime Downtown Business District! Fantastic oppurtunity to own this all brick, 4,780 sq.ft two storey building in the Business Core of Downtown Welland! Turn key opportunity with everything included! Ideal location situated on a corner lot with visibility from two streets, across from the City Court House, and Civic Square. Steps from Merritt Island, the Market, and a mix of Retail, Restaurants, and other businesses which will give any new potential business here a ton of exposure! This building is also accessible and open for business when access by vehicle to Main Street is shut down during all city Festivals, Parades, and Special Events held annually. Profitable Breakfast/Lunch restaurant currently tenanting the building paying month to month, while not utilizing upper floor. Upper floor has beautiful ambiance with custom built bar, kitchen, washrooms, and in the past has been run as an upscale Piano Bar. Separate entrance to each level, set of washrooms on main and upper level and both with kitchens. Interior finishes are tastefully done and easy to work with, or modify too your liking. Ideally, lease too separate businesses on each level of this building to establish an attractive Cap Rate for Investment purposes. Take advantage of this opportunity and call for your private showing today!
Property Features
Status
Last Updated September 9, 2019
Market Status Available
Description
Property Type Commercial
Year Built 1985
Sq. Feet 4780
Appliances
Microwave
Range/Oven
Refrigerator
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