335 Wellington Street Port Colborne, Ontario L3K 2K4
$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
4711 Yonge St 10th Flr, 106430
Toronto, Ontario M2N 6K8
(866) 530-7737
21 King St W Unit A 5/fl
Hamilton, Ontario L8P 4W7
(866) 530-7737
(647) 849-3180
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 19 2024 09:40:26
Toronto Real Estate Board
Exp Realty