115-117 Division St

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Attention Investors Attractive Vendor Takeback Mortgage Available on this Property. Located in the Heart of the City this Exceptional Commercial Real Estate Investment Opportunity offers Great Income and plenty of Future Potential. This Stand Alone Building boasts 11,160 sf of Interior Commercial and Residential Space. 3 Commercial Units Including A Party Rental Business and a Thriving Restaurant, 3 Rental Apartments and Parking for 11 Cars! All units are separately metered! The building has been recently renovated and updated to include: New Electrical, New Furnace, New A/C (Restaurant), New Sprinklers In Basement, Rental Apartments Fully Renovated, New Paint, Front Flat Roof 2020, Peaked Roof 2016, Black Flat Roof 2015. Possible Future Potential for FULL Redevelopment or Additional 2 Stories on the back part of Building. Subject to Municipal Approvals. Exposure to Thousands of Cars Daily , Backing onto Farmers Market! Seize Your Chance to own a piece of Downtown before it’s too late!

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Price:$$2,800,786 CAD
Address:115-117 Division St
City:Welland
County:Niagara
State:Ontario
MLS:X7308774
Square Feet:11,160
rail:no
taxes:8200
water:Municipal
sewers:San+Storm
taxYear:2023
areaCode:46
category:Store With Apt/Office
elevator:None
heatType:Gas Forced Air Closd
lotDepth:165.52
lotFront:66.17
basement1:yes
occupancy:Tenant
saleLease:Sale
typeTaxes:Annual
garageType:None
municpCode:46.08
retailArea:6750
sprinklers:Part
lotSizeCode:Feet
freestanding:yes
listPriceCode:For Sale
officeAptArea:3000
totalAreaCode:Sq Ft
retailAreaCode:Sq Ft
airConditioning:Part
lotBldgUnitCode:Lot
legalDescription:Lt 23 P1 551, S/S Division St ; Welland
officeAptAreaCode:Sq Ft
municipalityDistrict:Welland
directionsCrossStreets:King Street To Division Street
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