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X4347274
$1,150,000

268 King St (King St / Albert St)

Price: $1,150,000

Status: For Sale 

MLS®#: X4347274

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$1,150,000 Calculator
  • Tax: $7,334.65/Annual (2018)
  • City:Welland
  • Type:Commercial
  • Style:Investment
  • Size: 4,864 Sq Ft

Features:

  • HeatingGas Forced Air Open
  • Sewer/Water SystemsMunicipal

Listing Contracted With: RE/MAX REALTY SPECIALISTS INC., BROKERAGE

Description

Price Include 2 Legal Titles(268+276 King St),Combined Frontage 88 Feet.4 Buildings+1 Warehouse+Coin Laundry Business Included. 5 Kitchens+11 Washrooms+10 Parking.Also Known Municipal Address 268+270+272+274+276+278 King St. Downtown Welland Steps From The Canal,Public Transportation, Current 14 Rooms(Avg $500 Each) + Apartments + Storage Income About $12,000/Month+Coin Laundry Income About $4,000/Month. Expenses Per Month(Hydro $1000, Heat $553, Water $300)


Highlights

Potential For More Income When Buyer Convert The Warehouse (Facing Albert St) To 10 More Residential Units. Buyer Can Apply To City For Renovation Grant. Property In "As Is - Where Is". No Warranties From Seller And Listing Broker/Agent

Want to learn more about 268 King St (King St / Albert St)?

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’

Tim Bishop

Sales Representative

RE/MAX Realty Specialists Inc., Brokerage

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