Commercial/retail For Sale - 335 Wellington St, Port Colborne, Ontario

location_on 335 Wellington St, Port Colborne

Commercial/retail

335 Wellington St

Port Colborne, Ontario L3K 2K4

$1,649,000

For Sale

Property Information

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.

Basic Details
Property Type : Commercial/retail
Listing Type : For Sale
Listing ID : X9358940
Price : $1,649,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 25
Address
Postal Code : L3K 2K4
City : Port Colborne
Street : Wellington
Street Number : 335
Street Suffix : St
Floor Number : 0
Longitude : W80° 45' 36.1''
Latitude : N42° 54' 4.2''
Features
Heating System : Other
Elevator : None
Brokerage
Office Name : EXP REALTY
Extra Information
Air Conditioning : Y
Area : Niagara
living_area : 0
living_area_unit : Sqft
Extras : VTB is available.
Lease : Sale
Tax Year : 2023

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335 Wellington St Port Colborne, Ontario L3K 2K4