308 Broadway Street, Welland, ON L3C 5L9

  • $579,000
308 Broadway Street, Welland, ON L3C 5L9
Active For Sale
308 Broadway Street, Welland, ON L3C 5L9
308 Broadway Street, Welland, ON L3C 5L9
  • $579,000

Overview

Property ID: HZX12106614
  • Investment, Commercial Sale
  • Property Type
  • 2300
  • Sqft

Description

ATTENTION all Investors! Welcome to 308 Broadway, a rare and versatile multi-residential triplex in the thriving city of Welland. This unique property is zoned for both commercial and residential use, offering unmatched flexibility and potential for investors, entrepreneurs, or owner-occupiers looking to capitalize on a growing market. The main floor features a spacious and bright 2-bedroom unit, complete with a private entrance and in-suite laundry hookups, perfect for comfortable living or a professional office setup. Upstairs, the second level offers two well-appointed 2-bedroom apartments, each filled with natural light and classic character, providing desirable rental options for tenants. The basement adds even more value, with a bathroom and plumbing already in place, offering potential to be converted into a fourth legal unit a rare and exciting opportunity to increase rental income and overall property value. Additional highlights include, High-efficiency boiler and water heaters all owned, Rear parking plus street parking available, Cap rate of 6.6%, prime central location with easy access to highways, public transit, and nearby amenities. Whether you’re an experienced investor or new to real estate, this property is a smart addition to your portfolio. With solid income potential, mixed-use zoning, and expansion possibilities, 308 Broadway stands out as a truly unique and rewarding opportunity in one of Niagara’s most promising cities. **Property is Tenanted** Financials Attached**

  • Address 308 Broadway Street
  • City Welland
  • State/county ON
  • Zip/Postal Code L3C 5L9
  • Country CA

Details

Updated on April 27, 2025 at 12:54 am
  • Property ID: HZX12106614
  • Price: $579,000
  • Property Size: 2300 Sqft
  • Garage Size: x x
  • Property Type: Investment, Commercial Sale
  • Property Status: Active, For Sale

Additional details

  • Utilities: Yes
  • Cooling: No
  • County: Niagara
  • Property Type: Commercial Sale

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