Office For Sale - 62 WELLAND Ave, St. Catharines, Ontario L2R 2M7

location_on 62 WELLAND Ave, St. Catharines

Office

62 WELLAND Ave

St. Catharines, Ontario L2R 2M7

$899,900

For Sale

Property Information

Investment Opportunity awaits. Prime Commercial Property with High Visibility. Located at a highly sought-after corner intersection with significant traffic flow, this commercial property offers unparalleled visibility and accessibility. The building features 2,000 sqft of prime office space with a full lower basement level perfect for ample storage. On-site parking is available for up to 7 vehicles, adding convenience for customers and staff. Above the commercial space, discover a spacious and contemporary 2-bedroom apartment, complete with a rooftop deck, in-suite laundry, and a gas fireplace. The apartment is 1,000 sqft and includes a full kitchen, living room, and bathroom. Upgrades to this unit include new vinyl flooring throughout, a new washer/dryer, new black exterior windows. Additionally, a Pattison billboard at the rear of the property provides approx. $2700 additional income. The main floor commercial space is divided into two separate office units. The back unit is currently leased for $2550/month+ and the front unit has the potential of leasing for $3000/month+ and will be vacant on possession. Strong potential for investors or business owner to occupy one unit with additional streams of revenue coming in. Upgrades to the building include solid core glass doors for each office in the front unit and solid core doors in the back unit, new kitchenettes & bathrooms, exposed HVAC for industrial look, all new glass at front of building, all new electrical and plumbing in both main floor units up to the residential unit, exposed brick walls, in both main floor unit, fire and smoke sealing between all units, data lines run to every office, new stucco on back unit exterior, new back unit exterior entrance door. Great location within walking distance to Performing Arts Center, Meridian Center, restaurants, shops and Montebello Park!

Basic Details
Property Type : Office
Listing Type : For Sale
Listing ID : X9264453
Price : $899,900
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 3,000 Sqft
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 15
Address
Postal Code : L2R 2M7
City : St. Catharines
Street : WELLAND
Street Number : 62
Street Suffix : Ave
Floor Number : 0
Longitude : W80° 44' 58.6''
Latitude : N43° 9' 43.3''
Features
Heating System : Gas Forced Air Open
Elevator : None
Brokerage
Office Name : RE/MAX NIAGARA REALTY LTD.
Extra Information
Air Conditioning : Y
Area : Niagara
living_area : 0
living_area_unit : Sqft
Lease : Sale
Tax Year : 2023

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62 WELLAND Ave St. Catharines, Ontario L2R 2M7