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For saleMLS® X13790380

25-31 West Main Street, Welland, ON L3C 4Z5

Broadway · L3C 4Z5

$1,475,000

$203 / sq ft

1 months on market

Total area
7,250 sf
Lot
72.4 × 177.74 ft

What's special

  • Yes

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About this property

Rare Downtown Welland Investment & Development Opportunity! Offered together, these two adjoining commercial buildings provide a unique combination of existing income, flexible space, prominent corner exposure, parking, and future potential. Located at West Main Street and Division Street on approximately 0.26 acres, the properties are zoned Downtown Mixed-Use Centre (DMC). 25 West Main Street is a freestanding corner building currently home to TEMPUS restaurant with the approximately 1,250 sq. ft. main floor includes a 750 sq. ft. dining room with seating for up to 70, while the basement features a large prep kitchen, washrooms, and a private dining room for 16. A standout feature is the impressive 17' x 70' canal-view patio, accommodating up to 60 guests with renovations completed in 2014/2015. 29-31 West Main Street offers approximately 3,000 sq. ft. per floor across two upper floors, plus an approximately 1,100 sq. ft. basement office/storage area. The upper floors have been stripped to the brick walls, creating an expansive blank canvas with large picture windows. Ideal for a future brewpub, event venue, restaurant, retail, office, entertainment concept, or other permitted use. The exterior façade was updated three years ago. Rear parking provides additional convenience and can also serve as a receiving area. With immediate rental income, substantial flexible space, canal views, parking, and DMC zoning, this is an exceptional opportunity for an investor, owner-user, entrepreneur, or developer looking to establish a significant presence in downtown Welland.Two buildings. One acquisition. Significant potential.

Property details

Property

Property type
retail
Interior size
7,250 sq ft
Lot size
72.4 × 177.74 ft
Zoning
DMC, WRW
Possession
flexible

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Costs

List price
$1,475,000
Property taxes
$33,104 / year (2026)
Price per sq ft
$203

Listing

MLS® number
X13790380
Status
For sale
Listed
September 16, 2026
Days on market
50
Last updated
October 20, 2026
Listing brokerage
REVEL 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 89% of comparable retail listings in Welland are asking less.

$458KMedian $850K$1.36M
This home
$203 / sq ft
Comparable median
$117 / sq ft

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

Mortgage estimate

Down payment8.3% · minimum $122,500
$122,500
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$7,478.20
Property tax (est.)
$2,758.66
Estimated monthly
$10,237

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
$25,975
Total due on closing
$25,975

An estimate on the asking price of $1,475,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of REVEL 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.

$1,475,000

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