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$1,475,000
Available - For Sale
Listing ID: X13790380
Rare Downtown Welland Investment & Development Opportunity! Offered together, these two adjoining commercial buildings provide a unique combination of existing income, flexible space, prominent corner exposure, parking, and future potential. Located at West Main Street and Division Street on approximately 0.26 acres, the properties are zoned Downtown Mixed-Use Centre (DMC). 25 West Main Street is a freestanding corner building currently home to TEMPUS restaurant with the approximately 1,250 sq. ft. main floor includes a 750 sq. ft. dining room with seating for up to 70, while the basement features a large prep kitchen, washrooms, and a private dining room for 16. A standout feature is the impressive 17' x 70' canal-view patio, accommodating up to 60 guests with renovations completed in 2014/2015. 29-31 West Main Street offers approximately 3,000 sq. ft. per floor across two upper floors, plus an approximately 1,100 sq. ft. basement office/storage area. The upper floors have been stripped to the brick walls, creating an expansive blank canvas with large picture windows. Ideal for a future brewpub, event venue, restaurant, retail, office, entertainment concept, or other permitted use. The exterior façade was updated three years ago. Rear parking provides additional convenience and can also serve as a receiving area. With immediate rental income, substantial flexible space, canal views, parking, and DMC zoning, this is an exceptional opportunity for an investor, owner-user, entrepreneur, or developer looking to establish a significant presence in downtown Welland.Two buildings. One acquisition. Significant potential.
Price $1,475,000
Taxes: $33,103.89
Tax Type: Annual
Occupancy by: Owner+T
Address: 25-31 West Main Street , Welland, L3C 4Z5, Niagara
Postal Code: L3C 4Z5
Province/State: Niagara
Legal Description: FIRSTLY: PT LT 1 PL 552, PT LT 26 CON 5
Directions/Cross Streets: West Main ST & Division St
No. of Pieces Level
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Washroom 35:  0
Washroom 36:  0
Washroom 37:  0
Washroom 38:  0
Washroom 39:  0
Washroom 40:  0
Category: Multi-Use
Building Percentage: T
Total Area: 7,250
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Maintenance: 0
Sprinklers: Part
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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REVEL Realty Inc., Brokerage

25-31 West Main Street , Welland, L3C 4Z5, Niagara

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Maria Tompson
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Type: Com - Commercial Retail
Area: Niagara
Municipality: Welland
Neighbourhood: 772 - Broadway
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Lot Size: x 177.74(Feet)
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Tax: $33,103.89
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
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Re/Max Example Inc, Brokerage
Independently owned and operated.
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