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226 King Street

226 King Street

Welland, ON

  • 5 bath
  • 6,684 sqft
  • Commercial Retail
  • 242 days on market
$1,195,000

Attention Builders, Developers, Investors, and Visionaries! A rare and exceptional opportunity to acquire two (2) side-by-side mixed-use commercial properties in the heart of Downtown Welland. (Also see 220-222 King Street offered in conjunction or separately). These properties are located within the Welland Community Improvement Plan (CIP) zone, making them eligible for potential redevelopment incentives, grants, and municipal planning support ideal for builders, owner-operators, and forward-thinking investors. Zoned DMC (Downtown Mixed-Use Commercial), both parcels offer outstanding flexibility and potential for future expansion, including condominiums, medical or professional offices, retail storefronts, and more.Currently, the buildings generate multiple income streams from both commercial and residential units. The ground-floor retail space benefits from excellent exposure and consistent foot traffic during local events, farmers markets, and downtown festivals. Well-established commercial tenants are in place and willing to remain. The upper-level residential apartments provides stable rental income and remains in high demand due to its central location. Located just steps from the scenic Welland Canal, Merritt Park Amphitheatre, and the floating stage, this site is positioned within a vibrant, walkable district that is actively undergoing revitalization as part of the citys long-term downtown renewal plan. Dont miss this rare opportunity to invest in a high-potential, income-producing asset in the rapidly growing core of Downtown Welland.Buyer and buyers representatives to verify all measurements, uses, taxes, zoning, and future development requirements.

Listing Details

Taxes (2025)
$6,461
Listed
January 7, 2026

Price History

Property

Lot Size
33 x 114.41 Feet

Parking

Garage
None

Location & Legal

Cross Street
King/State
Zoning
Downtown Mixed Use Commercial - (DMC)
Parcel Number
641080048
Possession
Immediate
Occupancy
Partial

Commercial

Business Type
Retail Store Related
Office / Apartment Area
3300 Sq Ft

Community

Postal area L3B

Population
25,869
Private dwellings
11,617
Median age
43.2
Average household size
2.3
Median household income
$66,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Welland · last 12 months

Median sold price
$530,000
Homes sold
755
Median days on market
33
Sale-to-list price
96.3%

Based on 755 recorded sales of commercial properties in Welland over the last 12 months.

Listed by

REVEL REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
6,684 sq ft
Price per sq ft
$178.79
Annual property tax
$6,461
Tax per sq ft
$0.97

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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