244 King Street Welland, Ontario L3B 3J8
$7,500,000
Exceptional investment opportunity in a prime Welland location. The plaza includes 26 residential units (rentals), creating multiple income streams and strong cash flow potential, along with 2 commercial units (under a 10-year lease), including a medical clinic and a pharmacy, providing stable and reliable income. This property has undergone a complete transformation, featuring a brand-new interior built in 2025. Ideal for investors seeking consistent returns, multi-use flexibility, and long-term value appreciation. Dual street exposure enhances accessibility and visibility. (id:50964)
Property Details
| MLS® Number | 40814553 |
| Property Type | Other |
| Amenities Near By | Public Transit, Schools |
| Community Features | High Traffic Area |
| Features | Visual Exposure, Elevator, Passenger Elevator |
| Parking Space Total | 6 |
Building
| Basement Type | Full |
| Exterior Finish | Brick, Stucco |
| Fire Protection | Unknown |
| Foundation Type | Block |
| Stories Total | 2 |
| Size Exterior | 24126.0000 |
| Size Interior | 24,126 Ft2 |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 584 Ft |
| Size Frontage | 44 Ft |
| Size Irregular | 0.25 |
| Size Total | 0.25 Ac|under 1/2 Acre |
| Size Total Text | 0.25 Ac|under 1/2 Acre |
| Zoning Description | Dmc, Rl2 |
https://www.realtor.ca/real-estate/29509067/244-king-street-welland
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April 01 2026 10:30:27
REALTORS® Association of Hamilton-Burlington
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