577 KING STREET, Welland (Lincoln/Crowland)

$499,999

For sale: Other

Property type

Retail

Bedrooms / bathrooms

4 bedrooms, 1 bathroom

MLS number

MLS® X13028098

Neighbourhood

773 - Lincoln/Crowland

Located in Welland's official Health and Wellness Cluster, 577 King Street offers a rare CC2-zoned mixed-use opportunity on a high-exposure main transit artery - 5 minutes on foot from Welland General Hospital and 7 minutes from highway access.The building's three separate entrances make it naturally suited to a live-work configuration or multi-unit income play. Run a commercial practice from the main-floor storefront while occupying or renting the residential units above, or convert to a duplex or triplex with projected gross income of $4,400/month - comprising $1,400 per residential unit plus $200/month from the detached garage and workshop with cement floors and dedicated electrical.Inside, the property has been thoughtfully updated throughout: new flooring, fresh paint, renovated bathrooms, and a modern kitchen with new appliances. The front entrance is readily adaptable for wheelchair access, making it well-suited for health, wellness, or professional service operators.Six on-site parking spaces, a fenced rear yard, and positioning within a high-growth corridor surrounded by active development round out a property that serves investors, owner-operators and healthcare practitioners equally well. Multi-unit conversion is subject to municipal approval. Buyers to conduct their own due diligence regarding zoning and permits.