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For saleMLS® X13711606

214 King Street, Welland, ON L3B 3J7

Welland Downtown · L3B 3J7

$1,324,900

$117 / sq ft

2 months on market

Bathrooms
10
Total area
11,324 sf
Lot
66.5 × 174.81 ft

What's special

  • Yes

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About this property

Exceptional opportunity to acquire an extensively modernized 11,324 sq. ft. commercial property in Downtown Welland with access to 16 parking spaces via registered easement. The true value lies in the substantial investment made in the building's infrastructure, systems, and highly adaptable three-level configuration. Major improvements include 400-amp, 120/208V 3-phase electrical service, extensive multi-zone Mitsubishi commercial HVAC, energy recovery ventilation, upgraded plumbing and sanitary systems, commercial fire/life-safety systems, and significant security, access-control and technology infrastructure. Features include key-card/fob-controlled access to designated zones, alarm/video surveillance, network/data infrastructure and multiple wireless access points. The flexible interior incorporates office, studio, production, meeting, retail, employee and multi-purpose areas together with 10 washrooms. The second floor offers five private room/bedroom spaces, each with dedicated bathroom facilities, providing excellent flexibility for hospitality, lodging or other permitted uses, subject to applicable approvals. Zoned DMC - Downtown Mixed Use Centre, allowing a broad range of potential uses including office, medical/clinic, retail, restaurant, hotel/motel, recreation/fitness, educational, entertainment, community, residential and lodging-related uses, among others. Additional improvements include extensive commercial flooring, accessibility upgrades, a professionally redesigned exterior façade with restored brickwork and architectural detailing, exterior lighting/signage infrastructure, heavy-duty fencing and gated access. A highly adaptable downtown facility with substantial improvements already completed. More than conventional commercial space-the costly infrastructure and modernization are already in place. An outstanding opportunity for an owner-user, investor or organization seeking a highly adaptable downtown facility.

Property details

Property

Property type
retail
Bathrooms
10
Interior size
11,324 sq ft
Lot size
66.5 × 174.81 ft
Zoning
DMC
Possession
Flexible

Interior

Heating
Other
Cooling
Yes

Exterior & services

Sewer
Sanitary+Storm

Costs

List price
$1,324,900
Property taxes
$32,287 / year (2025)
Price per sq ft
$117
Rental items
Hot Water Heater

Listing

MLS® number
X13711606
Status
For sale
Listed
August 25, 2026
Days on market
71
Last updated
August 26, 2026
Listing brokerage
RE/MAX GARDEN CITY REALTY INC, BROKERAGE

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 78% of comparable retail listings in Welland are asking less.

$458KMedian $850K$1.48M
This home
$117 / sq ft
Comparable median
$136 / sq ft

Based on 9 comparable active retail listings in Welland. These are asking prices, not sale prices.

Mortgage estimate

Down payment8.1% · minimum $107,490
$107,490
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$6,731.27
Property tax (est.)
$2,690.59
Estimated monthly
$9,422

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$22,973
Total due on closing
$22,973

An estimate on the asking price of $1,324,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX GARDEN CITY REALTY INC, BROKERAGE. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,324,900

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