244 King Street Welland, Ontario L3B 3J8
$7,500,000
Exceptional investment opportunity in a prime Welland location. This property has undergone a complete transformation featuring a brand-new interior built in 2025. The ground floor features established commercial tenants, including a medical clinic and a pharmacy, providing stable and reliable income. In addition, the plaza includes 26 residential units (rentals), creating multiple income streams and strong cash flow potential. Ideal for investors seeking consistent returns, multi-use flexibility, and long-term value appreciation. The dual street exposure enhances accessibility, and visibility. (id:63008)
Property Details
| MLS® Number | 40814553 |
| Property Type | Other |
| AmenitiesNearBy | Public Transit, Schools |
| CommunityFeatures | High Traffic Area |
| Features | Visual Exposure, Elevator, Passenger Elevator |
| ParkingSpaceTotal | 18 |
Building
| BasementType | Full |
| ExteriorFinish | Brick, Stucco |
| FireProtection | Unknown |
| FoundationType | Block |
| StoriesTotal | 2 |
| SizeExterior | 24126.0000 |
| SizeInterior | 24126 Sqft |
| UtilityWater | Municipal Water |
Land
| AccessType | Road Access |
| Acreage | No |
| LandAmenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| SizeDepth | 584 Ft |
| SizeFrontage | 44 Ft |
| SizeIrregular | 0.25 |
| SizeTotal | 0.25 Ac|under 1/2 Acre |
| SizeTotalText | 0.25 Ac|under 1/2 Acre |
| ZoningDescription | Dmc, Rl2 |
https://www.realtor.ca/real-estate/29509067/244-king-street-welland
Rob Golfi
Salesperson
1 Markland Street
Hamilton, Ontario L8P 2J5
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
March 24 2026 05:20:09
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Golfi Realty Inc.