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    For Sale - 220-222 King Street, Welland, Ontario

    Est payment $4,082/mo
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    Time on Jump  83 day

    AI Summary *

    • Rare chance to own two commercial properties in Downtown Welland.
    • Eligible for redevelopment incentives and municipal support in the CIP zone.
    • Zoned for diverse uses like retail, offices, and residential expansion.
    • Current income from fully tenanted commercial and residential units.
    • Located in a vibrant area with high foot traffic and ongoing revitalization.




    Attention builders, developers, investors, and visionaries! A rare and exceptional opportunity to acquire two (2) side-by-side mixed-use commercial properties in the heart of downtown welland (also see 226 king street - offered in conjunction or separately). These properties are located within the welland community improvement plan (cip) zone, making them eligible for potential redevelopment incentives, grants, and municipal planning support - ideal for builders, owner-operators, and forward-thinking investor visionaries. Zoned dmc (downtown mixed-use commercial), both parcels offer outstanding flexibility and potential for future expansion, including condominiums, medical or professional offices, retail storefronts, and more. Currently, the buildings generate multiple income streams from fully tenanted commercial and residential units. The ground-floor retail space benefits from excellent exposure and consistent foot traffic during local events, farmers markets, and downtown festivals. Well-established commercial tenants are in place and willing to remain. The upper-level residential apartment provides stable rental income and remains in high demand due to its central location just steps from the scenic welland canal, merritt park amphitheatre, and the floating stage. This site is positioned within a vibrant, walkable district that is actively undergoing revitalization as part of welland's city rejuvenation plan. Don't miss this opportunity to capitalize on a high-potential, income-producing asset in the rapidly growing core of downtown welland. Buyer and buyers representatives to verify all measurements, uses, taxes, zoning, and future development requirements. Do your due diligence.
    Listing IDX12672152
    Address220-222 King Street
    CityWelland, Ontario
    Price$850,000
    Bath2 Full
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailBasement 1Heating / Cooling Gas Forced Air Closed

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    Listing Agency:  REVEL REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    220-222 King Street
    Welland , Ontario
    2 $850,000
    Get more info