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Cap Rate 6.4%. Downtown Mixed Use Centre zoned investment property in Welland, Ontario. Property currently offers 4,730 sq ft building with 23 parking spaces, 4 separate hydro meters, 5 bathrooms, 2 kitchens, building is also handicap accessible. Currently site is leased to one tenant with 5 year lease term. Great investment and development site with permission for 8-storey condo development or retirement home.
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