192 Maple Avenue Active Save Request In-Person Tour Request Virtual Tour
Welland,ON L3C 5G5
Key Details
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $277
MLS Listing ID 40745632
Abv Grd Liv Area 4,500
Annual Tax Amount $20,055
Property Sub-Type Mixed,Building and Land
Source Cornerstone
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
Area Welland
Zoning CC2
Direction MAPLE AVE & PRINCE CHARLES DRIVE
Rooms
Basement Full
Kitchen 0
Interior
Interior Features High Speed Internet
Fireplace No
Exterior
Parking Features Asphalt,Gravel,Public
Utilities Available Electricity Connected,Fibre Optics,Natural Gas Connected,Street Lights,Phone Connected
Lot Frontage 149.0
Lot Depth 186.0
Garage No
Building
Lot Description Irregular Lot,Ample Parking,City Lot,High Traffic Area,Public Transit,Other
Faces MAPLE AVE & PRINCE CHARLES DRIVE
Story 2
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Brick Veneer,Concrete
New Construction No
Others
Senior Community false
Tax ID 641020250
Ownership Freehold/None