$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 2 legal titles (268 King St+276 King St). 4 Buildings + 1 Warehouse + Coin Laundry Business. The seller retired, looking forward to meeting the wised investors to start a new chapter with an amazing highly visible location. Convert this building to a cash cow Total potential rent income is $18,800/month.One building has 2 apartments at the upper level (3 bedrooms for each one), downstairs has 2 apartments with one bedroom for each unit. Another building has 14 rooms as a residential purpose under construction now, can be easily converted into 2 apartments. 5 Refrigerators, 5 Stoves, 11 Washrooms. Property In As Is-Where Is. Buyer to perform his own due diligence. Close to Niagara College, Seaway Mall, Conservation Area, Merritt Island, Golf Courses, etc. The current rental income situation CAN NOT represent the future. The seller CAN NOT guarantee the buyer's future rental income. Call today for more info or book your private tour.

Details

MLS#30774623
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Days On Site84

Features

SQ Feet4,874
Story(s)2 Storey

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Area Information

ProvinceON
CountyNiagara
CityWelland
Postal CodeL3B 3J8
AreaWelland
Community NameWelland Downtown
Listing VS Median (in Welland Downtown)
Price:
$1,190,000
low | high
Med:
$300,000
100% of Average
SqFt:
4,874
low | high
Med:
0
100% of Average
$ / SqFt:
$244
low | high
Med:
$0
100% of Average
On Site:
84
low | high
Med:
11
100% of Average
Listing Updated: 01/19/2020
MLS Number: 30774623
Listing Provided By:
YIFEI LIN  of  RE MAX NIAGARA REALTY LTD.
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