244 King Street
Welland, ON
- 24,126 sqft
- Investment
- 159 days on market
Exceptional investment opportunity in a prime Welland location. This property has undergone a complete transformation featuring a brand-new interior built in 2025. The ground floor features established commercial tenants, including a medical clinic and a pharmacy, providing stable and reliable income. In addition, the plaza includes 26 residential units (rentals), creating multiple income streams and strong cash flow potential. Ideal for investors seeking consistent returns, multi-use flexibility, and long-term value appreciation. The dual street exposure enhances accessibility, and visibility.
Listing Details
- Taxes (2025)
- $14,852
- Listed
- March 23, 2026
Price History
Property
- Age
- 51-99
- Lot Size
- 43.7 x 583.8 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- King Street and State Street
- Zoning
- DMC, RL2
- Parcel Number
- 641080051
- Possession
- Flexible
- Occupancy
- Owner+Tenant
Commercial
- Business Type
- Apts - Over 20 Units
- Office / Apartment Area
- 3041.8 Sq Ft
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area L9H
- Population
- 31,221
- Private dwellings
- 12,828
- Median age
- 49.6
- Average household size
- 2.4
- Median household income
- $106,000
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
- $532,750
- Homes sold
- 758
- Median days on market
- 33
- Sale-to-list price
- 96.3%
Based on 758 recorded sales of commercial properties in Welland over the last 12 months.
Listed by
RE/MAX ESCARPMENT GOLFI REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 24,126 sq ft
- Price per sq ft
- $310.87
- Annual property tax
- $14,852
- Tax per sq ft
- $0.62
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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