$4,999,000

276 King St

MLS®#:X5765928

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$4,999,000

Listed by: RE/MAX REALTY SPECIALISTS INC., BROKERAGE

Price Include 268+276 King St, Also Known As Postal Address 268+270+272+274+276+278 King St+detached Warehouse Facing Albert St.*up To 75% Vtb Financing Available*combined Frontage 88 Ftx110 Ft. 4 Bldgs+1 Detached Warehouse (potential To Convert Back Into A Winery Or Start A New Marijuana/cannabis Cultivation Facility Or Build A 10 Residential Units For Additional Income)*property Is Great For Redevelopment As Well*current Use Is Laundromat/take Out Restaurant/retail/mix Use Of Residential/commercial Bldg In Downtown Welland*about 7 Minutes Drive To Niagara College Welland Campus.land Site Area 9,699.36 Sq Ft*total Flr Area 16,344 Sq Ft, 268+272 King St Are 2 Bachelors (or Can Be Used As Offices),274 King St Has Two 3-bdrms Apt Upstairs,278 King St Has 2 Commercial Store Main Flr(currently A Laundromat+ Take-out Restaurant),2nd Flr Contains 10 Rooms Office Space Before, Can Be Converted Into Two 3-bdrms *5 Kitchens+11 Wshrms+10 Parking.current 16 Rooms Units.
Community
City Welland
Postal Code L3B3J8
MLS® Number X5765928
Days On Market 75 Days
Status Available
Purchase Type For Sale
Listing Type
Cross Street King St / Albert St

Interior

Beds 0-0
Baths 0
Air Conditioning Y
Basement Y
Heating Gas Forced Air Open

Exterior

Parking Spaces 10
Garage Type None
Lot Size 88.00 x 110.88
Lot Front 88.00

Additional Information

Taxes $15,604
Tax Year 2021
Zoning Dmc Per Mpac
Water Source Municipal
Appox Age 100+
Extras Potential Total Gross Income About $25,000/Month Or $300,000/Year And More* Rental:Furnace,Central Air Conditioner,Hot Water Heater.No Property Survey* Property Being Sold In """As Is-Where Is""",No Warranties/Representation From Seller/Age
Hold Over 90

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Notes

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Not intended to solicit buyers or sellers currently under contract with a brokerage.