577 King Street, Welland, Ontario L3B 3L3

Listed for:
$439,000
0 beds
0 baths
Listed 12 days ago
Residential Commercial Mix for rent: 577 King Street, Welland, Ontario L3B 3L3

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About

Cross Streets: Fifth Street and King Street. ** Directions: Fifth Street to King Street. Located in Welland's official Health and Wellness Cluster, 577 King Street offers a rare CC2-zoned mixed-use opportunity on a high-exposure main transit artery-5 minutes on foot from Welland General Hospital and 7 minutes from highway access.Perfectly positioned for doctors, dentists, practitioners, and specialists, 577 King Street offers a rare, turn-key clinical or professional office opportunity within Welland's official Health and Wellness Cluster. Located on a high-exposure main transit artery, this prime location sits a mere 5-minute walk from the Niagara Health - Welland Site hospital **As currently configured, the unit features 3 bedrooms and 2 bathrooms.**The building's three separate entrances make it naturally suited to a live-work configuration or multi-unit income play. Run a commercial practice from the main-floor storefront while occupying or renting the residential units above, or convert to a duplex or triplex with a projected gross income of $4,400/month-comprising $1,400 per residential unit plus $200/month from the detached garage and workshop with cement floors and dedicated electrical.Inside, the property has been thoughtfully updated throughout: new flooring, fresh paint, renovated bathrooms, and a modern kitchen with new appliances. The front entrance is readily adaptable for wheelchair access, making it well-suited for health, wellness, or professional service operators.Six on-site parking spaces, a fenced rear yard, and positioning within a high-growth corridor surrounded by active development round out a property that serves investors, owner-operators, and healthcare practitioners equally well. Multi-unit conversion is subject to municipal approval. Buyers to conduct their own due diligence regarding zoning and permits. (id:27476)

Property Highlights

MLS® Number
X13208430
Type
Retail
Community Name
773 - Lincoln/Crowland
Land Size
Bldg=28 x 132 FT

Building

Building Type
Residential Commercial Mix
Square Footage
1867 sqft
Amenities
Public Transit, Recreation
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Radiator
Heating Fuel
Building Cooling Type
None

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
EXP REALTY
MLS® number:
X13208430
Agent:
Justin Punnoose
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