$ 1,369,900
192 MAPLE AVE Welland, ON L3C 5G5
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,369,900
Est. payment /mo
Active
192 MAPLE AVE Welland, ON L3C 5G5
4,500 SqFt
UPDATED:
09/24/2024 01:02 PM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $304
MLS Listing ID X9412849
Annual Tax Amount $20,055
Tax Year 2024
Lot Size 0.500 Acres
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.
Location
Province ON
County Niagara
Community Public Transit
Rooms
Basement Full
Kitchen 0
Interior
Cooling Unknown
Fireplace No
Exterior
Garage Other, Other, Other
Pool None
Community Features Public Transit
Utilities Available Unknown
Waterfront No
Roof Type Unknown
Parking Type Unknown
Building
Lot Description Irregular Lot
Foundation Poured Concrete
Others
Security Features Alarm System,Carbon Monoxide Detectors,Security System
Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE