577 King Street Welland, Ontario L3B 3L3

1,867 sqft
None Radiator

$499,999

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.Perfectly positioned for doctors, dentists, practitioners, and specialists, 577 King Street offers a rare, turn-key clinical or professional office opportunity within Welland's official Health and Wellness Cluster. Located on a high-exposure main transit artery, this prime location sits a mere 5-minute walk from the Niagara Health - Welland Site hospital **As currently configured, the unit features 3 bedrooms and 2 bathrooms.**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 a 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. (id:47351)

Property Details

MLS® Number X13208430
Property Type Retail
Community Name 773 - Lincoln/Crowland
Amenities Near By Public Transit, Recreation

Building

Cooling Type None
Heating Type Radiator
Size Exterior 1867 Sqft
Size Interior 1,867 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit, Recreation
Size Depth 132 Ft
Size Frontage 28 Ft
Size Irregular Bldg=28 X 132 Ft
Size Total Text Bldg=28 X 132 Ft
Zoning Description Dmc Rs Cc1 Cc2 Nc

https://www.realtor.ca/real-estate/29818012/577-king-street-welland-lincolncrowland-773-lincolncrowland