25-31 WEST MAIN STREET, Welland (Broadway)

$1,475,000

About this property

Rare Downtown Welland Investment & Development Opportunity! Offered together, these two adjoining commercial buildings provide a unique combination of existing income, flexible space, prominent corner exposure, parking, and future potential. Located at West Main Street and Division Street on approximately 0.26 acres, the properties are zoned Downtown Mixed-Use Centre (DMC). 25 West Main Street is a freestanding corner building currently home to TEMPUS restaurant with the approximately 1,250 sq. ft. main floor includes a 750 sq. ft. dining room with seating for up to 70, while the basement features a large prep kitchen, washrooms, and a private dining room for 16. A standout feature is the impressive 17' x 70' canal-view patio, accommodating up to 60 guests. The building was fully renovated in 2014/2015, and most restaurant equipment is owned and included, excluding the leased dish and glass washer. 29-31 West Main Street offers approximately 3,000 sq. ft. per floor across two upper floors, plus an approximately 1,100 sq. ft. basement office/storage area. The upper floors have been stripped to the brick walls, creating an expansive blank canvas with large picture windows. Ideal for a future brewpub, event venue, restaurant, retail, office, entertainment concept, or other permitted use. The exterior façade was updated three years ago. Rear parking provides additional convenience and can also serve as a receiving area. With immediate rental income, substantial flexible space, canal views, parking, and DMC zoning, this is an exceptional opportunity for an investor, owner-user, entrepreneur, or developer looking to establish a significant presence in downtown Welland.Two buildings. One acquisition. Significant potential.Buyer and Buyer's Agent to verify all measurements, zoning, permitted uses, and development potential. (id:66939)

Property details

Price
$1,475,000
Living area
7,250 square feet
Property type
Retail
MLS® number
X13790380

Location

Map showing the location of 25-31 WEST MAIN STREET, Welland (Broadway)

Similar listings in Welland (Broadway)

Want more homes like this?

Tell Mohammed what you would change about this property and get a personally reviewed shortlist of active MLS® matches.

Quick fit check

Find Out If This Home Is Right for You

Three quick questions. Get a personalized read on this listing, and a private showing if it fits.

1. What budget range are you working with?

Own a home nearby?

This listing is part of the active competition a nearby seller is pricing against. Ask Mohammed for a local pricing review of your own property.

Review my home value

Visualize This Home

Explore staging, colours and renovation ideas using AI.

Optional and separate from the official listing photography. For visualization purposes only. Furniture, colours, finishes, layouts, renovations and features shown may not exist at the property. Verify all property details independently.

Source board: Niagara Association of REALTORS®.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.