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192 Maple Avenue Welland, Ontario L3C 5G5

4500 sq. ft

$1,399,900

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. (id:38042)

Property Details

MLS® Number 40545758
Property Type Office
Amenities Near By Public Transit
Communication Type High Speed Internet
Community Features High Traffic Area
Features Paved Driveway, Crushed Stone Driveway
Sign Type Signband

Building

Basement Type Full
Exterior Finish Brick Veneer, Concrete
Fire Protection Alarm System, Security System
Foundation Type Poured Concrete
Stories Total 2
Size Exterior 4500.0000
Size Interior 4500
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 186 Ft
Size Frontage 149 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description Cc2

Utilities

Electricity Available
Natural Gas Available
Telephone Available

Interested?

Contact me for more information or to see it in person