50 Niagara St

This unique building is zoned Downtown Mixed Commercial with several functional applications. Two-story brick building with a full basement, unfinished. Building size is 60ftx25ft. Main floor is prime office or retail space, or a combination of both. Second level is huge residential unit with massive open concept design, modern kitchen, 2 bedrooms, and a 4-piece bathroom with roughed-in laundry hookups. Approx. 3000sqft total (1500sqft main floor office/retail space) & (1500sqft second level residential space). Two separate 100AMP hydro meters. Natural gas service to the building. Municipal water and sewage as well. Flat roof recently re-done in great shape. Some work needed to bring this building back to life. Lots of potential to offer. Great location in Downtown Welland, located amongst a variety of shops and business in the downtown core. Short walk to the canal, with waterfront views from the second floor apartment. There is a reason for the price.... there is lots of parking around the property but a permit is required. There is no actual parking that is attached to this unique property. Understand also that this building was stripped of the copper plumbing Water and Sewer are still there but understand that presently....no pluming present I personally would live in the upper unit because of the layout and views from there. Amazing !! ALSO... this is zoned commercial, and the bank will require 35% down payment.. this is not an easy property to purchase... BUT ... THE PRICE IS RIGHT !!