$ 1,369,900
192 MAPLE Avenue Welland, ON L3C5G5
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$ 1,369,900
Est. payment | /mo
4,500 SqFt
$ 1,369,900
Est. payment | /mo
4,500 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $304
Subdivision 772 - Broadway
MLS® Listing ID 40611871
Originating Board Niagara Association of REALTORS®
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 Kavern 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 Kavern 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. (id:24570)
Location
Province ON
Exterior
Garage No
Community Features High Traffic Area
Waterfront No
View Y/N No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
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