$1,260,000

936 East Main Street

Welland ON, L3B 3Y9

Description

Mixed use investment property with a stable income of $62,668.00 . The gas tanks and oil reservoir tank were removed in April, 2020. Large part of front driveway and parking area freshly paved. Due to the Covid concerns of tenants, all offers are to be be subject to inspection as no viewings of tenant spaces will be done until an offer has been accepted. 4 bedroom apartment is under a long term lease agreement with the Hope Centre. The parking lot on the west side of the building is leased from Ontario Hydro until 2023 when it will be renewed. Lease has been in place for over 60 years.

Details

MLS#30815393
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site91

Features

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Area Information
ProvinceON
CountyNiagara
CityWelland
Postal CodeL3B 3Y9
Area7 - Welland
Listing VS Median (in L3B 3Y9)
Price:
$1,260,000
low | high
Med:
$1,260,000
50% of Average
On Site:
91
low | high
Med:
91
100% of Average
Listing Updated: 09/21/2020
BILL BERKHOUT LogoMLS Number: 30815393
Listing Provided By:
BILL BERKHOUT  of  RE MAX WELLAND REALTY LTD BROKERAGE
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