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X5762051
$875,000

50 Niagara St (Main St West And Mill Street)

Price: $875,000

Status: For Sale 

MLS®#: X5762051

$875,000
  • Tax: $3,003.97/Annual (2021)
  • City:Welland
  • Type:Commercial
  • Style:Commercial/Retail
  • Size: 3,458 Sq Ft
  • Basement:Y

Features:

  • HeatingOther
  • Sewer/Water SystemsMunicipal

Listing Contracted With: RE/MAX REALTY SPECIALISTS INC., BROKERAGE

Description

Vendor Take Back Financing Available Up To 75% *Asking Price Include 50 Niagara St And 52 Niagara St. Total Lot Size 41.90 Ft X 60.56 Ft. Land Site Area 2497 Sq Ft. Approx 3458 Fq Ft Detached Building Located In Downtown Welland Backs Onto Welland Canal, Walk To City Hall. Restaurant, Shops. About 5 Minutes Drive To Niagara College Welland Campus Over 9,000 Students*Ground Flr Ceiling Height 12.6 Feet, 1291 Sqft+438 Sq Ft At The Back+2nd Floor Ceiling Height 8 Feet,1729 Sqft+Unfinished Basement Ceiling Height 6.8 Feet,1729 Sqft.*4 Separate Hydro Meters, Previously Used As Store And Apartment. ** Seller Rezone To 100% Residential Recently ** Ground Flr:Unit#1,1 Bdrm Unit,1X3 Pce Wshrm, Kitchen,$700 + Unit #2 Was Used As A Commercial Unit (Vacant). 2nd Flr: Unit #3, Large 3 Bdrm Unit,1X4 Pce Wshrm, Kitchen (Vacant) + Unit #4,1 Bdrm,1X4 Pce Wshrm, Kitchen,$800. Total Potential Gross Income $5,150 / Month. Approx 1729 Sq Ft Open Concept Unfinished Basement Below 50 And 52 Niagara St +


Highlights

6.8 Feet Ceiling Height. Landlord Pays Heat,Hydro,Water. Being Sold In "As Is-Where Is". No Warranties/Representation From Seller/Agent.Rental (Furnace+Hot Water Heater). 5 Minutes Drive To Niagara College Welland Campus.

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Auday Zakko

Sales Representative

Re/Max Realty Specialists Inc., Brokerage

Your Realtor Wherever You Are