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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

PRICED BELOW REPLACEMENT COST – HIGH-YIELD VALUE-ADD OPPORTUNITY! Approx. 8, 000 SQ. FT. MIXED-USE BUILDING generating $103, 000+ NET ANNUAL INCOME (9.4% CAP) with a clear path to approximately $121, 000 (11%+ CAP) through strategic rent optimization and minor improvements. Featuring 4 RESIDENTIAL UNITS & 3 COMMERCIAL UNITS, this asset offers stable cash flow with exceptional upside. CC2 (COMMUNITY COMMERCIAL)

ZONING permits a wide range of HIGH-DEMAND USES, including restaurants, take-out, day care, convenience store, retail, offices, medical, and fitness. ALSO PROPOSED DRAWINGS AVAILABLE to convert approx. 4, 000 SQ. FT. MAIN FLOOR INTO 4 RESIDENTIAL UNITS + 1 COMMERCIAL UNIT, providing a rare opportunity to maximize density and income or execute your own vision. Commercial units are month-to-month, consistently rented yet underutilized (currently storage use), offering immediate repositioning potential with limited competition within ~0.5 KM. Located in a rapidly growing area near a 300, 000+ SQ. FT. manufacturing facility and new residential developments, supporting long-term demand and appreciation. Additional upside includes rear expansion potential and possible third-floor addition. A rare opportunity for investors or builders seeking strong cash flow, flexibility, and scalable returns. Property sold “as is, where is.” (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X13049732
  • 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: 2026-06-24 13:13:01
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Listing Information
  • List Agent Key: 2088555
  • List Office Key: 286523
  • Modification Timestamp: 2026-05-06T17:25:49Z
  • Originating System Name: Niagara Association of REALTORS®
  • Status Change Timestamp: 2026-05-06T16:56:21Z
Powered by REALTOR.ca
Listing updated: 2026-06-24 13:13:01
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