335 Wellington Street Active Save Request In-Person Tour Request Virtual Tour
Port Colborne,ON L3K 2K4
Key Details
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 5,837 sqft
Price per Sqft $282
MLS Listing ID 40649189
Annual Tax Amount $10,888
Lot Size 0.262 Acres
Property 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.
Location
Province ON
County Niagara
Area Port Colborne/Wainfleet
Zoning HC
Rooms
Kitchen 0
Exterior
Garage Detached Garage,Asphalt
Garage Spaces 1.0
Utilities Available Electricity Connected,Natural Gas Connected,Street Lights,Phone Connected
Waterfront No
Building
Lot Description Square,City Lot,High Traffic Area,Highway Access,Public Transit
Story 2
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Structure Type Cement Siding,Wood Siding
New Construction No