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335 Wellington Street Port Colborne, Ontario L3K 2K4

0.262 ac
Fully Air Conditioned Other

$1,699,000

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:52603)

Business

Business Type Retail and Wholesale
Business Sub Type Retail misc.

Property Details

MLS® Number X9358940
Property Type Retail
Features Irregular Lot Size

Building

Cooling Type Fully Air Conditioned
Heating Type Other
Size Interior 0.262 Ac
Utility Water Municipal Water

Land

Acreage No
Size Depth 107 Ft ,2 In
Size Frontage 107 Ft
Size Irregular 107 X 107.22 Ft ; Corner Lot
Size Total Text 107 X 107.22 Ft ; Corner Lot
Zoning Description Hc

https://www.realtor.ca/real-estate/27444230/335-wellington-street-port-colborne


EXP REALTY
4711 Yonge St 10th Flr, 106430
Toronto, Ontario M2N 6K8

(866) 530-7737

EXP REALTY
21 King St W Unit A 5/fl
Hamilton, Ontario L8P 4W7

(866) 530-7737
(647) 849-3180

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