77 EAST MAIN STREET S, Welland (Welland Downtown)

$1,500,000

For sale: Other

Other at 77 EAST MAIN STREET S, Welland (Welland Downtown)
Property type
Commercial Retail
MLS®
MLS® X13632498
Neighbourhood
768 - Welland Downtown

Unlock the potential of this outstanding mixed-use investment opportunity in the heart of downtown Welland! Featuring a prime main-floor commercial space ready for your vision, this property is ideal for a restaurant, professional offices, retail, medical, or a wide range of commercial uses. The flexible layout allows the space to be customized to meet a tenant's unique business needs. Above, you'll find 5 residential rental units and 4 additional residential units behind the commercial space. Currently six units are tenanted, providing immediate rental income while offering significant upside through lease-up opportunities. Convenient downtown parking, excellent visibility, and a central location surrounded by shops, restaurants, and amenities make this a standout investment with exceptional growth potential. Whether you're looking to expand your portfolio or establish a thriving business with built-in income, this is an opportunity you won't want to miss.

Sold data

Homes in Welland (Welland Downtown) — recent sold market

Homes in Welland (Welland Downtown) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 53, across 204 recorded sales.

The median sale price was $558,000.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 31% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$558,000
Sale-to-list ratio
97.0%
Sold above asking
8%

Based on 204 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Welland (Welland Downtown)

Welland (Welland Downtown) has 23 Fraser Institute–rated schools (18 elementary and 5 secondary), averaging 6.5/10.

Rated schools
23
Elementary
18
Secondary
5
Average rating
6.5 / 10

Top-rated schools in Welland (Welland Downtown)

  • Plymouth — elementary, WellandFraser rating 10.0/10
  • Fitch Street — elementary, WellandFraser rating 8.1/10
  • Glendale — elementary, WellandFraser rating 8.1/10
  • Holy Name — elementary, WellandFraser rating 7.9/10
  • Quaker Road — elementary, WellandFraser rating 7.6/10
  • Diamond Trail — elementary, WellandFraser rating 7.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 77 EAST MAIN STREET S