56 Hellems Avenue, Welland, ON L3B 3A9

  • $1,194,900
56 Hellems Avenue, Welland, ON L3B 3A9
  • X10406615
  • MLS® Number
  • Investment, Commercial
  • Property Type
  • 15107.5
  • Sqft
Active For Sale
56 Hellems Avenue, Welland, ON L3B 3A9
56 Hellems Avenue, Welland, ON L3B 3A9
  • $1,194,900

Description

ATTENTION INVESTORS! Unique Opportunity to buy a building where all of the heavy lifting has been done. The building is currently vacant and the demolition has been started and is ready for you to take this project to the next level! Current approval for 10 residential units on the second floor is in place. Potential for mixed use on the main level, proposed for an additional 6-8 residential units plus a commercial unit. Get started with redevelopment on the second floor while you plan out the main level and set your own rents! Plus a bonus of over 7,500 Sqft of unutilized space in the basement. Perfect project for CMHC Financing with great Cashflow potential, in the heart of Wellands downtown core. This property has a prime corner location with high visibility frontage with public transportation, shopping, dining and entertainment all nearby.

Details

MLS® Number
X10406615
Property Size
15107.5 Sqft
Updated on November 9, 2024 at 1:36 am

Additional details

  • Utilities: Available
  • Cooling: No
  • County: Niagara
  • Property Type: Commercial Sale
  • Community Features: Public Transit

Address

  • Address 56 Hellems Avenue
  • City Welland
  • State/county ON
  • Zip/Postal Code L3B 3A9

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
View Listings

Enquire About This Property

Similar Listings

Compare listings

Compare
Firas AL-Rifay
  • Firas AL-Rifay