For Sale

131 THIRD Street, Welland (773 - Lincoln/Crowland), Ontario L3B4W5

$2,200,000

131 THIRD Street, Welland (773 - Lincoln/Crowland), Ontario L3B4W5 is For Sale and has a listing price of 2,200,000. The property is located in the neighbourhood. It's been on the website for 185 Days.

  • Business
    Property Type
  • 22
    Bedrooms
  • 12
    Bathrooms
  • No Garage
    Parking
  • 15
    Parking Spaces
  • MLS ID: X9414333
  • Office Name RE/MAX NIAGARA REALTY LTD, BROKERAGE,RE/MAX NIAGAR
Property Description

Purpose-built solid brick 12-unit apartment complex on a 111 X 208 parcel zoned INSH. lot provides the potential for adding future development on the site. The building is solid with high quality terrazzo floors throughout hallways. lots of areas to substantially improve income . 8x 2 bed units, 3 x 1 bed units, 1 x 3 bed unit. Location will appeal to many tenants with access to ample parking, on-site laundry, public transit, hospital and a variety of amenities all within walking distance. Tremendous opportunity for the long term investor. 2025 Retro Fit Fire System. Approx. $100,000 in upgrades on system and building to update to current code. (id:43137)

Property Details
  • Bedrooms: 22
  • MLS ID: X9414333
  • Bathrooms: 12
  • Price: $2,200,000
  • Transaction Types: For Sale
  • Ref ID: 27321819
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
08/22/2024 X9414333 $2,200,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Welland (773 - Lincoln/Crowland)
  • $622,070 Average List Price
    based on 1 year
  • 19 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change +1.7%
  • 3 Month Change +28.1%
  • 6 Month Change -
Walkscore
Property Type Distribution
  • All Houses
    83.33%
  • Commercial
    16.67%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Electric
  • Basement2 Full (finished)
  • Heating System Baseboard Heaters
  • Water Municipal Water
  • Exterior Brick
  • Cooling System None
  • Total Parking Spaces: 15
  • Property Features Lighting, Laundry- Coin Operated
  • Fireplace False
  • Parking No Garage
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 22/08/2024 00:00:00
  • Zoning M-cg D111
  • Agent Name: Karen Neumann,Tony Rodriguez
  • Address Subdivision: 773 - Lincoln/Crowland
  • Last Updated: 19/02/2025 19:55:27
Open House Dates
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