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Home ON St. Catharines - Niagara Port Colborne Three Bridges
335 WELLINGTON STREET
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335 WELLINGTON STREET $1,649,000
$1,649,000
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335 WELLINGTON STREET
Port Colborne, Ontario L3K2K4

MLS® Number: X9358940

Listing Description

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. (36803170)

Location Description

SE Corner of Main ST E

Property Summary

Property Type
Retail
Land Size
107 x 107.22 FT ; Corner Lot
Annual Property Taxes
$10,888.43
Time on REALTOR.ca
57 days

Building

Building Features
Features
Irregular lot size
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other
Utilities
Water
Municipal water
Business
Business Type
Retail and Wholesale (Retail misc.)

Land

Lot Features
Frontage
107 ft
Land Depth
107 ft ,2 in
Other Property Information
Zoning Description
HC
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
ROBERT PIPERNI