Located just within the boundaries of the downtown core, 132 Welland Ave offers exceptional Main Street visibility and strong traffic exposure. This versatile property is currently utilized as a residential space ( 2+ 1 bedroom) but is zoned M2 Commercial, permitting a wide range of retail or office uses. It is an ideal opportunity for investors, small business owners, or those seeking a convenient live-work setup with easy access to major routes. The property features significant recent upgrades, renovated basement, including a furnace replaced in 2021 and a complete electrical overhaul in 2024 with a new 100-amp panel and new wiring throughout.