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515 Niagara St 2,206 SF 100% Leased Office Building Welland, ON L3C 1L7 $850,000 CAD ($385.31 CAD/SF)
Investment Highlights
- 100-amp single-phase electrical service
- Roof replaced in 2019
- Electric fireplace adds warmth and character to the office environment
- Air conditioning replaced in 2020
- Windows replaced in 2020
- Well-maintained building with modern updates throughout
Executive Summary
• ±2,206 SF professional office building on Welland’s busy Niagara Street commercial corridor
• Turnkey office space with extensive renovations completed in 2019
• Functional layout with reception area, multiple private offices and common work areas
• Five private offices across two floors plus additional meeting and support space
• On-site parking for 9 vehicles
• Partially finished basement with storage and additional washroom
• Excellent owner-occupier or investment opportunity
• Turnkey office space with extensive renovations completed in 2019
• Functional layout with reception area, multiple private offices and common work areas
• Five private offices across two floors plus additional meeting and support space
• On-site parking for 9 vehicles
• Partially finished basement with storage and additional washroom
• Excellent owner-occupier or investment opportunity
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,206 SF
Building Class
B
Year Built
1970
Price
$850,000 CAD
Price Per SF
$385.31 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,206 SF
Building FAR
0.39
Lot Size
0.13 AC
Zoning
CC2 - Community Commercial
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
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515 Niagara St
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