1/22192 MAPLE AVENUE, Welland (Broadway)
192 MAPLE AVENUE, Welland (Broadway), ON L3C5G5
$999,900 total
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Asset Class
Office
Size
—
Building class
B
Zoning
DC1 — Direct Control
$ / SF
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Occupancy
89%
About this property
Prime Investment Opportunity: Sturdy Building with Room for Expansion! Discover a solid investment in this robust building strategically located in a high-traffic area. Originally two lots, it currently hosts two commercial units and three residential spaces, offering not just returns but also the potential for growth. Ample parking adds convenience for everyone coming through the door. What sets this place apart is its potential for future development. Originally two lots, there's room to expand, renovate, or kickstart new projects. Adding a touch of practicality, a digital board becomes your versatile billboard, promoting businesses in a straightforward, effective way. . Whether you're after immediate returns or planning for future growth, this building provides a stable foundation for both. Don't miss out on this opportunity. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$5K
Projected NOI
$53K
Annual cash flow
$-2K
Cash-on-cash
-0.82%
DSCR
0.96
Going-in cap
5.30%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
113,591
Households
40,802
Median income
$94,000
Median age
33.1
Daytime population
125,145
5-yr growth
9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 192 MAPLE AVENUE, Welland (Broadway).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.