577 King Street Welland, Ontario L3B 3L3

$499,999

Located in Welland's official Health and Wellness Cluster, 577 King Street offers a rare CC2-zoned mixed-use opportunity on a high-exposure main transit artery-5 minutes on foot from Welland General Hospital and 7 minutes from highway access.Perfectly positioned for doctors, dentists, practitioners, and specialists, 577 King Street offers a rare, turn-key clinical or professional office opportunity within Welland's official Health and Wellness Cluster. Located on a high-exposure main transit artery, this prime location sits a mere 5-minute walk from the Niagara Health - Welland Site hospital **As currently configured, the unit features 3 bedrooms and 2 bathrooms.**The building's three separate entrances make it naturally suited to a live-work configuration or multi-unit income play. Run a commercial practice from the main-floor storefront while occupying or renting the residential units above, or convert to a duplex or triplex with a projected gross income of $4,400/month-comprising $1,400 per residential unit plus $200/month from the detached garage and workshop with cement floors and dedicated electrical.Inside, the property has been thoughtfully updated throughout: new flooring, fresh paint, renovated bathrooms, and a modern kitchen with new appliances. The front entrance is readily adaptable for wheelchair access, making it well-suited for health, wellness, or professional service operators.Six on-site parking spaces, a fenced rear yard, and positioning within a high-growth corridor surrounded by active development round out a property that serves investors, owner-operators, and healthcare practitioners equally well. Multi-unit conversion is subject to municipal approval. Buyers to conduct their own due diligence regarding zoning and permits. (id:65602)

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https://www.realtor.ca/real-estate/29818012/577-king-street-welland-lincolncrowland-773-lincolncrowland