220-222 King Street
Welland, ON
- 3 bath
- 4,859 sqft
- Commercial Retail
- 239 days on market
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 226 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 investor visionaries. 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 fully tenanted 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 apartment provides stable rental income and remains in high demand due to its central location 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 Welland's city rejuvenation plan. Don't miss this opportunity to capitalize on 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. Do your Due Diligence.
Listing Details
- Taxes (2025)
- $6,329
- Listed
- January 7, 2026
Price History
Property
- Lot Size
- 33 x 114.4 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- King St./ State St.
- Zoning
- Downtown Mixed Use Commercial (DMC)
- Parcel Number
- 641080047
- Possession
- Immediate
- Occupancy
- Tenant
Commercial
- Business Type
- Retail Store Related
- Office / Apartment Area
- 936 Sq Ft
Property Insights
AI-generated from listing photos. Not professional advice.
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
- $532,500
- Homes sold
- 749
- Median days on market
- 33
- Sale-to-list price
- 96.3%
Based on 749 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.
Location
Street View
Commercial figures
- Building area
- 4,859 sq ft
- Price per sq ft
- $174.93
- Annual property tax
- $6,329
- Tax per sq ft
- $1.30
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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