$1,699,000
FOR SALE

Commercial/Retail

Lot: 107 x 107.17 ft

335 Wellington Street
Port Colborne, ON L3K 2K4

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. **** EXTRAS **** VTB is available. (id:47421)
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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
Price History

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Detailed Information
Lot 107 x 107.17 ft
Features Irregular lot size
Listing Contract Date 2024-09-19
Location Description SE Corner of Main ST E
Property Type Retail
Transaction Type For sale
Zoning Description HC
Business
Business Type Retail and Wholesale
Business Subtype Retail misc.
Building
Cooling Type Fully air conditioned
Heating Type Other
Utility Water Municipal water
Land
Total Size 107 x 107.22 FT ; Corner Lot
Size of Irregular Land 107 x 107.22 FT ; Corner Lot

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