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$409,000
Available - For Sale
Listing ID: X13208430
577 King Street, Welland | Prime Health & Wellness Cluster Opportunity Positioned directly within Welland's official Health and Wellness Cluster, 577 King Street offers a high-exposure Welland commercial residential mixed-use property on a primary transit artery. Located just a 5-minute walk from Niagara Health - Welland Site hospital and 7 minutes from highway access, this site is ideally suited for doctors, dentists, Allied Health practitioners, professional service firms, or savvy investors targeting an investment property Niagara strategy.Configuration & Layout Current Layout: Configured with 3 bedrooms and 2 bathrooms, featuring fresh interior updates throughout including new flooring, fresh paint, updated bathrooms, and a modern kitchen with new appliances. Accessibility: Main front entrance is readily adaptable for barrier-free/wheelchair access to support clinical, wellness, or office clients. Parking & Exterior: 6 dedicated on-site parking spaces, a fully fenced rear yard, plus a detached garage and workshop equipped with concrete floors and dedicated electrical service.Income & Live-Work Potential Flexible Zoning (CC2): Features 3 separate exterior entrances, providing immediate utility for a seamless live-work configuration (main-floor clinical/retail space with residential living above). Multi-Unit Cash Flow Strategy: Strategic layout offers natural potential for a duplex or triplex conversion with a projected gross income of up to $4,400/month (estimated at $1,400/month per residential unit, plus $200/month for the detached garage/workshop).Situated in a rapidly growing corridor surrounded by ongoing municipal development. Note: Multi-unit conversion and specific commercial uses are subject to municipal approval; buyers to perform independent due diligence regarding zoning, permits, and intended use.
Price $409,000
Taxes: $3,760.66
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Owner
Address: 577 King Street , Welland, L3B 3L3, Niagara
Postal Code: L3B 3L3
Province/State: Niagara
Directions/Cross Streets: Fifth Street and King Street
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
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Washroom 7 0
Washroom 8 0
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Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 0
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Category: Store With Apt/Office
Building Percentage: T
Total Area: 1,867
Total Area Code:  Square Feet
Office/Appartment Area: 1867
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Public Transit   Recreation/Comm
Financial Statement: F
Chattels: F
Franchise: F
Maintenance: 0
Sprinklers: No
Heat Type: Water Radiators
Central Air Conditioning: No
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EXP REALTY

577 King Street , Welland, L3B 3L3, Niagara

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Com - Store W Apt/Office
Area: Niagara
Municipality: Welland
Neighbourhood: 773 - Lincoln/Crowland
Style:
Lot Size: x 132.00(Feet)
Approximate Age:
Tax: $3,760.66
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949