$850,000
Available - For Sale
Listing ID: X12672152
220-222 King Street , Welland, L3B 3J7, Niagara
| Attention Builders, Developers, Investors, and Visionaries! A rare and exceptional opportunity to acquire two (2) side-by-side mixed-use commercial properties in the heart of Downtown Welland (Also see 226 King Street - offered in conjunction or separately).These properties are located within the Welland Community Improvement Plan (CIP) zone, making them eligible for potential redevelopment incentives, grants, and municipal planning support - ideal for builders, owner-operators, and forward-thinking investor visionaries. Zoned DMC (Downtown Mixed-Use Commercial), both parcels offer outstanding flexibility and potential for future expansion, including condominiums, medical or professional offices, retail storefronts, and more. Currently, the buildings generate multiple income streams from fully tenanted commercial and residential units. The ground-floor retail space benefits from excellent exposure and consistent foot traffic during local events, farmers markets, and downtown festivals. Well-established commercial tenants are in place and willing to remain. The upper-level residential apartment provides stable rental income and remains in high demand due to its central location just steps from the scenic Welland Canal, Merritt Park Amphitheatre, and the floating stage. This site is positioned within a vibrant, walkable district that is actively undergoing revitalization as part of Welland's city rejuvenation plan. Don't miss this opportunity to capitalize on a high-potential, income-producing asset in the rapidly growing core of Downtown Welland. Buyer and buyers representatives to verify all measurements, uses, taxes, zoning, and future development requirements. Do your Due Diligence. |
| Price | $850,000 |
| Taxes: | $6329.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 220-222 King Street , Welland, L3B 3J7, Niagara |
| Postal Code: | L3B 3J7 |
| Province/State: | Niagara |
| Directions/Cross Streets: | King St./ State St. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 |
| Category: | Multi-Use |
| Use: | Retail Store Related |
| Building Percentage: | T |
| Total Area: | 4859.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 936 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 2 |
| Outside Storage: | F |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Partial |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| REVEL REALTY INC. |
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416-548-7854
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Fax:
416-981-7184
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Niagara |
| Municipality: | Welland |
| Neighbourhood: | 768 - Welland Downtown |
| Tax: | $6,329 |
| Baths: | 2 |
| Fireplace: | N |
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