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For sale · MLS® X13790380

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

Welland, ON L3C 4Z5

$1,475,000Asking price
— Bedrooms— Bathrooms7250 Reported areaCommercial Retail Type

About this property

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.

Property facts & features

Property type
Commercial Retail
MLS® number
X13790380
Source status
New
Bedrooms
Not provided
Bathrooms
Not provided
Reported interior area
7250
Neighbourhood
Not provided
Postal code
L3C 4Z5
Garage
None
Lot depth (source units)
177.74
Annual property tax
33103.89
Basement
Not provided
Laundry
Not provided
Interior features
Not provided
Exterior features
Not provided

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

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Property value & listing history

Current authorized listing record

New · $1,475,000

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Listing brokerage: REVEL Realty Inc., Brokerage. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13790380. Information deemed reliable but not guaranteed.

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