Edin Taravati
Sales Representative
Homelife Landmark Realty Inc, Brokerage
Independently owned and operated.
7240 Woodbine, Markham, Ontario L3R 1A4
Cell: 647-233-7778Office: 905-305-1600
$1,369,900
Available - For Sale
Listing ID: X8482212
192 Maple Ave West , Welland, L3C 5G5, Ontario
| 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. |
| Price | $1,369,900 |
| Taxes: | $20055.00 |
| Tax Type: | Annual |
| Assessment: | $457000 |
| Assessment Year: | 2024 |
| Occupancy by: | Tenant |
| Address: | 192 Maple Ave West , Welland, L3C 5G5, Ontario |
| Postal Code: | L3C 5G5 |
| Province/State: | Ontario |
| Lot Size: | 149.00 x 186.00 (Feet) |
| Directions/Cross Streets: | PRINCE CHARLES/ MAPLE AVE |
| Category: | Office |
| Use: | Other |
| Building Percentage: | Y |
| Total Area: | 4500.00 |
| Total Area Code: | Sq Ft |
| Financial Statement: | Y |
| Chattels: | N |
| Franchise: | N |
| Washrooms: | 7 |
| Outside Storage: | Y |
| Crane: | N |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Elevator Lift: | None |
| Sewers: | Sanitary |
| Water: | Municipal |
| Water Supply Types: | Shared Well |
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| COLDWELL BANKER ADVANTAGE REAL ESTATE |
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Edin Taravati
Sales Representative
Dir:
647-233-7778
Bus:
905-305-1600
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Niagara |
| Municipality: | Welland |
| Lot Size: | 149.00 x 186.00(Feet) |
| Tax: | $20,055 |
| Baths: | 7 |
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