For Sale

335 King Street, Welland, Ontario L3B 3K2

$0

335 King Street, Welland, Ontario L3B 3K2 is For Sale and has a listing price of 1,190,000. The property is located in the Welland . It's been on the website for 144 Days.

  • Investment
    Property Type
  • 5
    Bathrooms
  • MLS ID: X12100314
  • Office Name RE/MAX ABOUTOWNE REALTY CORP.
Property Description

Cap Rate 6.4%. Downtown Mixed Use Centre zoned investment property in Welland, Ontario. Property currently offers 4,730 sq ft building with 23 parking spaces, 4 separate hydro meters, 5 bathrooms, 2 kitchens, building is also handicap accessible. Currently site is leased to one tenant with 5 year lease term. Great investment and development site with permission for 8-storey condo development or retirement home.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12100314
  • Price: $1,190,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 170.59
  • Ref ID: X12100314
  • Dir / Cross St: KING STREET/LINCOLN STREET
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 16-30
  • Property Type: Investment
Price History
List Date MLS ID List Price Status End Date Closed Price
04/24/2025 X12100325 $18 For Rent - -
04/24/2025 X12100329 $18 For Rent - -
04/24/2025 X12100314 $1,190,000 For Sale - -
04/24/2025 X12100313 $1,190,000 For Sale - -
04/24/2025 X12100316 $1,190,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Welland
  • $724,003 Average List Price
    based on 1 year
  • 212 New Listings
    based on 30 days
  • 81 Median Days on Market
    based on 1 year
  • List vs. Selling Price 164.53 % Up
  • Sold (12mo) 648
  • Rented (12mo) 303

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    88.19%
  • Commercial
    5.59%
  • Condo
    6.05%
  • Land for Sale
    0.17%
Additional Details
  • Heat Type Y
  • Washroom Type1: 5
  • Garage Type Outside/surface
  • Parking Spaces: 23
  • Taxes: $15,726
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 24/04/2025 10:25:31
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