5627 Main Street, Niagara Falls, Ontario

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276 King Street, Welland

Price $1,190,000
Square Footage 4874 Sq. ft.

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 + Mr. Panini Sandwich business (opened 2018) included. 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 today! ( the property used to be rented: Upstairs apartment rent $3000 + 2 stores rent $1550 + Bachelor rent $750 + Laundry rent $2800 + Mr. Panini rent $3200 + Rooms rent $6000 + Warehouse rent $1500, Total potential rent income is $18,800/month).( The property description is PT LT 28 PL 555 AS IN AA49954 (FIRSTLY) CITY OF WELLAND. One building has 3 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, 14 Rooms, 11 Washrooms, and 10 Parking spaces. 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. Call today for more info or book your private tour. (id:21931)

Details

Property TypeMulti-family
Stories2
AvailableFor sale

Location

YIFEI LIN

RE/MAX NIAGARA REALTY LTD.
Phone: (905) 687-9600
Fax: (905) 687-9494

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