244 King Street Welland, Ontario L3B 3J8


EXCELLENT INVESTMENT ON A LARGE CORNER LOT WITH GREAT EXPOSURE! Mixed-use Commercial/Residential Investment Property in an area ripe with potential! Over 20,500 sq. ft. of Space. 44.22 x 145.93 x 111.81 x 70.07 x 41.45 ft lot. Possible uses include Medical Building, Veterinary, Apartments, Private College, Dollarama Store, Retail Store, Grocery Store, Furniture Store, Gym, ETC.! Nevertheless, if you are a Builder/Developer, there is a huge possibility to expand your horizons for future development potential. This site is a perfect conversion site, that has an opportunity to be converted into APARTMENTS already pre-approved by the city for 32 Affordable Housing Apartments & Several Grants are available from the City for affordable housing. In city of Welland, commercial spaces can be converted to 75-85% residential and rest a commercial storefront. 2 Properties can be purchased together 244 King Street & 69 State Street (MLS# 4014236)! In the heart of thriving and growing downtown Welland, walking distance to Canal, right beside all the conveniences and 7 min away from Niagara College & Seaway Mall. 69 State Street (Lot Size 39.99 x 132 ft) could be used as parking, which is currently rented for $1000 per month. (id:19661)

Property Details

MLS® Number 40142283
Property Type Other
Amenities Near By Hospital, Park, Public Transit, Shopping
Community Features High Traffic Area
Features Park/reserve, Sump Pump


Basement Development Unfinished
Basement Type Partial (unfinished)
Exterior Finish Aluminum Siding, Brick
Fireplace Present No
Flooring Type Carpeted, Ceramic, Concrete, Hardwood
Heating Fuel Natural Gas
Stories Total 2
Size Exterior 20500.0000
Utility Water Municipal Water


Acreage No
Land Amenities Hospital, Park, Public Transit, Shopping
Sewer Municipal Sewage System
Size Frontage 44 Ft
Size Total Text Under 1/2 Acre
Zoning Description Dmc