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428 WALLACE AVENUE N, Welland (Welland Downtown)

6 BEDS · 3 BATHS · 2500 - 3000 sqft

$479,900

RARE OPPORTUNITY WITH ENDLESS POSSIBILITIES! Welcome to 428 Wallace Avenue North in Welland, a unique property offering residential rental income along with a substantial commercial-style shop space. Featuring approximately 4,500 sq. ft. of combined space, the property includes a detached home of approximately 1,400 sq. ft. and a separate building offering approximately 2,926 sq. ft. across the main-floor shop and upper-level residential apartment. Both the home and apartment are currently tenanted, providing existing rental income, while the shop is owner-occupied and offers excellent space for a business, workshop, storage or personal use. Whether you're an investor looking to expand your portfolio, a business owner wanting to operate from your own property while collecting rental income, or someone exploring future redevelopment or additional residential units, this property offers plenty of potential. A unique opportunity with multiple income streams and possibilities, all in one location!

General Info


MLS Listing ID: X13883436 Bedrooms: 6 Bathrooms: 3 Year Built: 0
Listing Type: Multi-family Half Baths: 1 Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Block, Concrete Roof: N/A Title To Land: N/A Parking Space Total: 8
Parking: N/A Heating: Forced air Size: 2500 - 3000 sqft Air Conditioning : Central air conditioning
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: Full (Unfinished)
Water Supply: Municipal water Road Type: N/A Pool Type: N/A

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