ON > Port Colborne
Port Colborne, ON L3K 2K4,335 Wellington Street
Port Colborne, ON L3K 2K4,335 Wellington Street
Port Colborne, ON L3K 2K4,335 Wellington Street
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The Real Estate Boutique Brokerage Inc

The Real Estate Boutique Brokerage Inc

+1(905) 332-2207
Listed by Robert Piperni • EXP REALTY OF CANADA INC
$1,649,000
Est. payment /mo
5,837 SqFt
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UPDATED:

10/14/2024 05:05 PM

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

Abv Grd Liv Area 5,837

Originating Board Mississauga

Annual Tax Amount $10,888

Lot Size 0.262 Acres

Acres 0.262

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

Direction SE Corner of Main ST E & Wellington Street

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Garage Detached Garage, Asphalt

Garage Spaces 1.0

Utilities Available Electricity Connected, Natural Gas Connected, Street Lights, Phone Connected

Waterfront No

Lot Frontage 107.0

Lot Depth 107.0

Parking Type Detached Garage, Asphalt

Garage No

Building

Lot Description Square, City Lot, High Traffic Area, Highway Access, Public Transit

Faces SE Corner of Main ST E & Wellington Street

Story 2

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Cement Siding,Wood Siding

New Construction No

Others

Senior Community No

Tax ID 641520020

Ownership Freehold/None

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+1(905) 332-2207

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