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Caroline Marshall

carolinesellsmuskoka@gmail.com +1(705) 388-1792

$ 1,174,900

Est. payment -/mo

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Active

192 Maple AVE Welland, ON L3C 5G5

4,500 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $261

MLS Listing ID 40822969

Abv Grd Liv Area 4,500

Annual Tax Amount $20,055

Property Sub-Type Building and Land

Source Cornerstone

Property Description

Prime Investment Opportunity: Sturdy Building with Thriving Businesses and Room for Expansion! Discover a solid investment in this robust building strategically located in a high-traffic area. Originally two lots, it currently hosts two bustling commercial units and three fully occupied residential spaces, offering not just returns but also the potential for growth. At the heart of the commercial scene is the The Hub Bar and Kitchen, a reliable tenant boasting a full kitchen, seating for over 100 patrons, and two basement event centers. It's more than a bar; it's a community focal point that ensures not just income but a touch of local character. Built to endure, this property is ready for action. Fully occupied residential units provide a steady income, while the success of the Hub Bar & Kitchen promises immediate returns for those seeking a solid investment. Ample parking adds convenience for everyone coming through the door. What sets this place apart is its potential for future development. Originally two lots, there's room to expand, renovate, or kickstart new projects. This isn't about ruggedness; it's about offering a canvas for your vision and plans. Adding a touch of practicality, a digital board becomes your versatile billboard, promoting businesses in a straightforward, effective way. It's not about being gritty; it's about visibility and attracting attention from the neighborhood in a way that resonates. This investment isn't about extravagance; it's about reliability. Whether you're after immediate returns or planning for future growth, this building provides a stable foundation for both. Don't miss out on this opportunity.

Location

Province ON

County Niagara

Area Welland

Zoning CC2

Direction MAPLE AVE & PRINCE CHARLES DRIVE

Rooms

Basement Full

Kitchen 0

Interior

Interior Features High Speed Internet

Fireplace No

Exterior

Parking Features Asphalt, Gravel, Public

Utilities Available Electricity Connected, Fibre Optics, Natural Gas Connected, Street Lights, Phone Connected

Lot Frontage 149.0

Lot Depth 186.0

Garage No

Building

Lot Description Irregular Lot, Ample Parking, City Lot, High Traffic Area, Public Transit, Other

Faces MAPLE AVE & PRINCE CHARLES DRIVE

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Brick Veneer,Concrete

New Construction No

Others

Senior Community false

Tax ID 641020250

Ownership Freehold/None

Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE

NEARBY SCHOOLS & PROPERTIES

Caroline Marshall

+1(705) 388-1792

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