256 East Main Street $795,000

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    256 East Main Street Welland, ON L3B 3W9

    • 2,700 sq. ft.
    • Commercial
    • MLS# 40354254
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    Views: 7 Days On Site: 112

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    Property Details

    MONEY MAKING turnkey building, business and three bedroom apartment is for sale in downtown Welland. The business has been running for over 50 years such a perfect Opportunity to become your own boss and live in the spacious 3 bedroom, 1 bathroom apartment or you can rent it out for future income. They sell everything from pizzas, hot and cold subs, chicken wings. Buy the business today and start making money instantly. You get the recipe, the building, the pizzeria, the franchise name -what a fantastic time to get into takeout . SELLER WILLING TO HOLD FIRST MORTGAGE/VTB WITH A 30% DEPOSIT AND O.A.C.

    • General Features
      • Business Name VOLCANO PIZZERIA
      • Zoning DMC
      • Senior Community Y/N false
      • County Or Parish Niagara
      • New Construction Y/N false
    • Building Features
      • Building Area Units Square Feet
      • Building Area Total 2700
      • Construction Materials Brick
      • Cooling Other
      • Cooling Y/N false
      • Basement Partial, Unfinished
      • Bedrooms 0
      • Fireplace Y/N false
      • Heating Y/N true
      • Heating Forced Air, Natural Gas
      • Laundry Features Common Area, In Basement
      • Interior Features Accessory Apartment,Ceiling Fan(s),Public Washrooms,Separate Hydro Meters,Storage,Ventilation System
      • Number Of Units Total 0
      • Security Features Alarm System, Carbon Monoxide Detector(s), Smoke Detector(s)
      • Sewer Sewer (Municipal)
      • Stories Total 2
      • Waterfront Y/N false
    • Property Features
      • Frontage Length 38.00
      • Frontage Type South
      • Lot Features Urban,City Lot,Public Transit

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    Neighborhood

    L3B 3W9 (Welland) Demographics

    46 Median Age
    384 Population Density (per sq. mile)
    N/A College Educated
    $53,827 Estimated Median Income
    5,075 Estimated Total Home Owners
    12,290 Estimated Total Renters
    71% / 29% Estimated Owner / Renter Divide
    0 Estimated Average Household Size
    23,352 Total Population
    Community data courtesy of LiveBy, Inc.

    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $795,000
    3/20/2023 10:40:40 AM Price Reduced Source: Multiple Listing Service New Value: $795,000 -3.64%
    12/1/2022 9:21:00 AM New in Database Source: Multiple Listing Service New Value: $825,000

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    ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
    Information is provided in part by the IDX program of the Information Technology Southern Ontario MLS®. All information provided is deemed reliable but is not guaranteed and should be independently verified.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.