244 King Street in Welland: 768 – Welland Downtown Mixed for sale : MLS®# 40814553

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244 King Street
768 - Welland Downtown Welland L3B 3J8

$7,500,000
Commercial Sale

Main Photo: 244 King Street in Welland: 768 - Welland Downtown Mixed for sale : MLS®# 40814553
Photo 1: 244 King Street in Welland: 768 - Welland Downtown Mixed for sale : MLS®# 40814553
Photo 2: 244 King Street in Welland: 768 - Welland Downtown Mixed for sale : MLS®# 40814553
Photo 3: 244 King Street in Welland: 768 - Welland Downtown Mixed for sale : MLS®# 40814553
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
40814553
Exceptional investment opportunity in a prime Welland location. The plaza includes 26 residential units (rentals), creating multiple income streams and strong cash flow potential, along with 2 commercial units (under a 10-year lease), including a medical clinic and a pharmacy, providing stable and reliable income. This property has undergone a complete transformation, featuring a brand-new interior built in 2025. Ideal for investors seeking consistent returns, multi-use flexibility, and long-term value appreciation. Dual street exposure enhances accessibility and visibility.
Property Type:
Commercial Sale
Property SubType:
Mixed, Building and Land
Listing General Location:
768 - Welland Downtown, Welland
Bedrooms:
0
Bathrooms:
- (Full:-/Half:-)
Lot Size:
10,890 sq. ft.
Lot Details:
43.7 x 583.8
Lot Depth:
583'10"
Lot Frontage:
43'8"
Lot Shape:
142.9x43.7x108.6x87.9x68.9x41.53x35.4x90.7
Kitchens:
0
County Or Parish:
Niagara
Taxes:
Features:
Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Construction:
Brick, Stucco
Basement:
Full
Foundation:
Concrete Block, Poured Concrete
Number of Storeys:
2
Total Floor Area:
24,126 sq. ft.
Fireplace:
false
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
false
No
Exit at East Main Street, Head west on East Main Street, Turn left (south) onto King Street.
No
Carbon Monoxide Detector(s), Other
Survey Year:
2021
Association Fee:
Association Fee Frequency:
Association Fee 2:
Association Fee 2 Frequency:
Administrative Fee:
Features:
Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Road Access Fee:
Zoning:
DMC, RL2
Total Acres:
0.25
Lot Site Features:
Irregular Lot, City Lot, High Traffic Area, Public Transit, Schools, Visual Exposure, Other
Features:
Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
# Of Total Parking Spaces:
6.0
Road Frontage Type:
Municipal Road
Road Surface Type:
Paved
Num Apartment Units:
0
Num Bachelor Units:
0
Num Efficiency Units:
0
Num Loft Units:
0
Num Other Units:
0
Num Penthouse Units:
0
Num Studio Units:
0
Total Units:
Listed Date:
Mar 23, 2026
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Listed by RE/MAX Escarpment Golfi Realty Inc.
Data was last updated May 6, 2026 at 11:50 PM (UTC)
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