Homes for sale - 62 Welland Avenue, St. Catharines, ON L2R 2M7

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Max Hahne

[email protected] +1(705) 441-5800

Listed by Kate Finora • RE/MAX NIAGARA REALTY LTD, BROKERAGE

$ 849,900

Est. payment -/mo

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62 Welland Avenue St. Catharines, ON L2R 2M7

3,000 SqFt

UPDATED:

10/12/2024 08:21 PM

Key Details

Property Type Commercial

Sub Type Store with Apt/Office,Building Only

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $283

MLS Listing ID 40631608

Abv Grd Liv Area 3,000

Originating Board Niagara

Annual Tax Amount $11,414

Property Description

Investment Opportunity awaits. Prime Commercial Property with High Visibility. Located at a highly sought-after corner intersection with significant traffic flow, this commercial property offers unparalleled visibility and accessibility. The building features 2,000 sqft of prime office space with a full lower basement level perfect for ample storage. On-site parking is available for up to 7 vehicles, adding convenience for customers and staff. Above the commercial space, discover a spacious and contemporary 2-bedroom apartment, complete with a rooftop deck, in-suite laundry, and a gas fireplace. The apartment is 1,000 sqft and includes a full kitchen, living room, and bathroom. Upgrades to this unit include new vinyl flooring throughout, a new washer/dryer, new black exterior windows. Additionally, a Pattison billboard at the rear of the property provides approx. $2700 additional income. The main floor commercial space is divided into two separate office units. The back unit is currently leased for $2550/month+ and the front unit has the potential of leasing for $3000/month+ and will be vacant on possession. Strong potential for investors or business owner to occupy one unit with additional streams of revenue coming in. Upgrades to the building include solid core glass doors for each office in the front unit and solid core doors in the back unit, new kitchenettes & bathrooms, exposed HVAC for industrial look, all new glass at front of building, all new electrical and plumbing in both main floor units up to the residential unit, exposed brick walls, in both main floor unit, fire and smoke sealing between all units, data lines run to every office, new stucco on back unit exterior, new back unit exterior entrance door. Great location within walking distance to Performing Arts Center, Meridian Center, restaurants, shops and Montebello Park!

Location

Province ON

County Niagara

Area St. Catharines

Zoning C1

Direction Fronting on Lake St., Welland Ave. and James St. facing west

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 55.0

Lot Depth 67.51

Garage No

Building

Lot Description Business Centre, City Lot, High Traffic Area

Faces Fronting on Lake St., Welland Ave. and James St. facing west

Story 2

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community No

Tax ID 462210099

Ownership Freehold/None

Max Hahne

Broker | License ID: 2053955

+1(705) 441-5800

Max Hahne

62 Welland Avenue St. Catharines, ON L2R 2M7

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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62 Welland Avenue