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Home ON St. Catharines - Niagara Welland Seaway Mall Area
637 NIAGARA Street
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$2,400,000
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637 NIAGARA Street
Welland, Ontario L3C1L9

MLS® Number: XN30057095

Listing Description

Fully occupied, modern, 2 storey office building, on 1 acres with 70 parking spots, in a high traffic location in Niagara's commercial core. Currently occupied by a Triple A financial institution (main floor) and a real estate office (2nd floor). Features a full finished basement that is currently used for training and development space & record storage. Elevator provides accessible access to the 2nd floor and basement. Building was extensively renovated and modernized in 2007. Ample outdoor parking available on site. Site zoned general commercial (C3). Minutes to highway 406. All leases triple net. Excellent Investment with a 9.6% cap rate (32301926)

Property Summary

Property Type
Office
Building Type
Offices
Subdivision Name
767 - N. Welland
Title
Freehold
Land Size
1 ac|1/2 - 1.99 acres
Time on REALTOR.ca
3221 days

Building

Interior Features
Basement Type
None
Building Features
Features
Elevator, Passenger elevator
Present Use
Offices
Construction Material
Concrete block, Concrete Walls
Rental Equipment
None
Total Units
2
Heating & Cooling
Cooling
Air Conditioned, Central air conditioning
Utilities
Utility Type
Natural Gas (Available)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Concrete
Neighbourhood Features
Amenities Nearby
Public Transit

Measurements

Total Finished Area
13885 sqft

Land

Lot Features
Frontage
149 ft ,9 in
Land Depth
323 ft
View
City view
Other Property Information
Access
Highway access
Zoning Description
C3
Data provided by: Niagara Association of REALTORS®
ROMAN GROCHOLSKY