192 MAPLE Avenue, Welland, ON L3C 5G5, Welland, ON, L3C 5G5
MLS: X13029506 | Investment
$1,174,900
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 The Hub 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 The Hub 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.
Quick Facts
- Property Type: Investment
- Bedrooms: None
- Bathrooms: None
Costs
- Annual Taxes: $20,055.00 (2025)
Listing Provided by: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Cooling: Yes
- Utilities: Yes
- Security: No
Lot & Land
- Zoning: CC2
Community & Neighbourhood
- Neighbourhood: 772 - Broadway
Listing Information
Listing History
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Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
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192 MAPLE Avenue, Welland, ON L3C 5G5, Welland, ON, L3C 5G5