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$1,099,000
Ontario,Welland (Lincoln/Crowland)
For Sale Active
35 ONTARIO ROAD, Welland (Lincoln/Crowland), Ontario L3B5C1
  • 8,000 Sqft
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Basic Details
Description

Investor/Builder/Contractor Alert: 8000 sqft Building priced below replacement cost! 9.4% CAP Rate with $103,000+ Net Income and Potential to boost income to $121,000 with projected upto 11.05% CAP. Mixed-use investment opportunity offering immediate cash flow with clear value-add upside. The property currently generates $103,000+ in net annual income. Building does need some improvements and rent adjustments to market levels, there

is a realistic opportunity to increase net income to approximately $121,000.This is a low-lift value-add opportunity with no major construction required, making it attractive for investors, builders, and contractors looking to enhance value through strategic improvements, stabilize income, and potentially refinance or hold for long-term cash flow.The property currently consists of 4 residential units and 3 commercial units within an approximately 8,000 sq. ft. building, offering in-place income with clear value-add potential. Strategically located near major new developments, including a 300,000+ sq. ft. manufacturing facility and newly built residential townhome communities, the asset benefits from continued area growth and demand. There is additional upside potential, including the possibility to add more units at the rear of the property, construct a third floor, and potentially convert the main floor into four residential apartments and one commercial unit. Concept drawings are available for reference. The information brochure is attached to the Listing. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X12868740
  • Price: $1,099,000
  • Square Footage: 8,000 Sqft
  • Status: Active
  • Property Sub Type: Retail
  • Office Key: 286523
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Partially air conditioned
Address Map
  • Location: CA, Ontario, Welland (Lincoln/Crowland), L3B5C1
  • Street: Ontario
  • Street Number: 35
  • Street Suffix: Road
  • Longitude: W80° 44' 46.5''
  • Latitude: N42° 58' 29.7''
Additional Information
  • Water Source:
  • Lot Size Dimensions: 70.41 x 165 FT
Financial
  • Tax Annual Amount: 12400
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Listing updated: 2026-04-08 20:20:05
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Listing Information
  • List Agent Key: 2088555
  • List Office Key: 286523
  • Modification Timestamp: 2026-03-27T19:40:34Z
  • Originating System Name: Niagara Association of REALTORS®
  • Status Change Timestamp: 2026-03-27T19:30:48Z
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Listing updated: 2026-04-08 20:20:05
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