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$ 1,324,900
Est. payment /mo
New
214 King ST Welland, ON L3B 3J7
10 Baths
11,324 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 11,324 sqft
Price per Sqft $116
Subdivision 768 - Welland Downtown
MLS Listing ID X13711606
Annual Tax Amount $32,287
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Exceptional opportunity to acquire an extensively modernized 11,324 sq. ft. commercial property in Downtown Welland with access to 16 parking spaces via registered easement. The true value lies in the substantial investment made in the building's infrastructure, systems, and highly adaptable three-level configuration. Major improvements include 400-amp, 120/208V 3-phase electrical service, extensive multi-zone Mitsubishi commercial HVAC, energy recovery ventilation, upgraded plumbing and sanitary systems, commercial fire/life-safety systems, and significant security, access-control and technology infrastructure. Features include key-card/fob-controlled access to designated zones, alarm/video surveillance, network/data infrastructure and multiple wireless access points. The flexible interior incorporates office, studio, production, meeting, retail, employee and multi-purpose areas together with 10 washrooms. The second floor offers five private room/bedroom spaces, each with dedicated bathroom facilities, providing excellent flexibility for hospitality, lodging or other permitted uses, subject to applicable approvals. Zoned DMC - Downtown Mixed Use Centre, allowing a broad range of potential uses including office, medical/clinic, retail, restaurant, hotel/motel, recreation/fitness, educational, entertainment, community, residential and lodging-related uses, among others. Additional improvements include extensive commercial flooring, accessibility upgrades, a professionally redesigned exterior façade with restored brickwork and architectural detailing, exterior lighting/signage infrastructure, heavy-duty fencing and gated access. A highly adaptable downtown facility with substantial improvements already completed. More than conventional commercial space-the costly infrastructure and modernization are already in place. An outstanding opportunity for an owner-user, investor or organization seeking a highly adaptable downtown facility.
Location
Province ON
County Niagara
Area Niagara
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 66.5
Lot Depth 174.81
Others
Security Features No
ParcelsYN No
Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE