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57 Division St
Welland, ON L3B 3Z5
Retail Property For Sale
Investment Highlights
- Two-storey brick building located in downtown Welland
- Upper level includes a recently updated three-bedroom residential unit
- Includes a detached garage, 3-4 on-site parking spaces
- Main level features approximately 1,500 SF of street-front retail, previously used as a cafe
- Lower level contains a one-bedroom bachelor unit
- Access to municipal city parking nearby
Executive Summary
Vacant mixed-use commercial/residential property located in downtown Welland on a 46 ft x 100 ft lot. This two-storey brick building offers approximately 3,100 sq. ft. of total space and is zoned DMC - Downtown Mixed Use Centre, allowing for a wide range of uses. The main level features approximately 1,500 sq. ft. of street-front retail, previously used as a café. The upper level includes a recently updated three-bedroom residential unit, while the lower level contains a one-bedroom bachelor unit. The property includes a detached garage, 3-4 on-site parking spaces, and access to municipal city parking nearby. Sold vacant, providing immediate flexibility for leasing, owner occupancy, or repositioning.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,700 SF
Building Class
B
Year Built
1949
Price
$799,638 USD
Price Per SF
$216.12 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.73
Lot Size
0.12 AC
Zoning
DMC - Downtown Mixed Use Centre
Parking
2 Spaces (0.54 Spaces per 1,000 SF Leased)
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