$1,699,000
FOR SALE

Commercial/Retail

Lot: 107 x 107.22 ftTotal Area: 0.26 acres
2023 Taxes: $10,888.43

335 Wellington St
Port Colborne, ON L3K 2K4 | Niagara

This 8-unit building at 335 Wellington Street, Port Colborne, offers a prime investment opportunity in a highly sought-after location. The building consists of five commercial units and three residential apartments, with a total leasable area of approximately 5,837 square feet. Situated on a 0.26-acre site, it features 12+ parking spaces and has been well-maintained, with recent renovations exceeding $300,000. The commercial units, ideal for a variety of businesses, complement the residential apartments, offering diverse rental income streams. The property has undergone significant upgrades, including new plumbing, electrical systems, flooring, and more in Units 6 and 7, ensuring minimal capital expenditures for the new owner. The building is zoned for Highway Commercial use, offering flexibility for future development or changes in tenant mix. The site is in good condition, requiring minimal seasonal maintenance, and boasts great curb appeal with newer exterior finishes and well-maintained parking areas. Whether youre looking for stable rental income or long-term value appreciation, this property stands as a compelling investment in the evolving Port Colborne real estate market. This is a rare opportunity to secure a property with both commercial and residential components in an expanding urban area. Dont miss out on this exceptional chance to invest.
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Listed By EXP REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9358940
Last Updated Sep 19, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Use Retail Store Related
Category Multi-Use
PIN 641520020
Legal Description LT 1 PL 836 VILLAGE OF HUMBERSTONE; PT LT 20 PL 835 VILLAGE OF HUMBERSTONE AS IN RO181824; LT 21 PL 835 VILLAGE OF HUMBERSTONE; LT 22 PL 835 VILLAGE OF HUMBERSTONE ; PORT COLBORNE
Occupancy Tenant
Possession Date Immediate
Taxes (2023) $10,888.43
Tax Type Annual
Assessment (2024) $273,000
Directions/Cross Streets SE Corner of Main ST E
Area Niagara
Price History

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Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 107 x 107.22 ft
Lot Irregularities Corner Lot
Retail Area 5,837 ft2
Total Area 0.26 acres
Approximate Age 51-99
Elevator None
Air Conditioning Y
Basement Y
Garage Type Outside/Surface
Amps 100
Heat Type Other
Sprinklers N
Sewers San+Storm
Utilities Y
Water Municipal
Crane N
Rail N
Survey N
Lot/Bldg/Unit Code Lot
Zoning HC
Seller Property Info Statement N

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