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$699,900
Available - For Sale
Listing ID: X11921511
18 Thorold Rd East , Welland, L3C 3T2, Ontario


Rare Opportunity: Fully Equipped Coin Laundry Business with Building Included!Don't miss this exceptional chance to own both a commercial property and a profitable coin laundry business in a prime Welland location. Situated in one of the busiest areas, close to Niagara College and Seaway Mall, this property features:Two Units:Main Floor: Newly built, fully equipped coin laundry business, open daily from 7 AM to 11 PM. The business operates with minimal maintenance, with automated systems for door opening/closing and timers in place.Upper Floor: Currently rented to a reliable, long-term tenant, providing additional rental income.Prime Location: High-traffic area, perfect for attracting customers, with proximity to major landmarks like Niagara College and Seaway Mall.Low Maintenance: The coin laundry business is designed for hands-off operation, making it an ideal investment for someone seeking a hassle-free, income-generating property.Motivated Seller: The seller is relocating and highly motivated to sell, offering you a rare opportunity to acquire both the business and the building.Whether you're an investor looking to expand your portfolio or someone seeking a stable business, this property is a must-see! Contact us today to schedule a viewing or learn more about this fantastic opportunity.
Price $699,900
Taxes: $6403.00
Tax Type: Annual
Occupancy by: Own+Ten
Address: 18 Thorold Rd East , Welland, L3C 3T2, Ontario
Postal Code: L3C 3T2
Province/State: Ontario
Lot Size: 37.13 x 103.00 (Feet)
Directions/Cross Streets: Niagara St turn East on to Thorold RD E
Category: Store With Apt/Office
Building Percentage: Y
Total Area: 1600.00
Total Area Code:  Sq Ft
Office/Appartment Area: 800
Office/Appartment Area Code: Sq Ft
Retail Area: 800
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Approximatly Age: 51-99
Business/Building Name: Sunshine Coin Laundry
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 7-11
Employees #: 0
Taxes Expense: $6403
Insurance Expense: $2489
 Heat Expenses: $3415
 Hydro Expense:  $1660
Water Expense: $4634
Gross Income/Sales: $63720
Expenses Actual/Estimated: $Act
Sprinklers: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE NRC REALTY
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Wally Islam
Real Estate Broker
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At a Glance:
Type: Com - Store W/Apt/Office
Area: Niagara
Municipality: Welland
Neighbourhood: 767 - N. Welland
Style:
Lot Size: 37.13 x 103.00(Feet)
Approximate Age: 51-99
Tax: $6,403
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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