Port Colborne, ON L3K 2K4,335 Wellington ST
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Port Colborne, ON L3K 2K4,335 Wellington ST
Port Colborne, ON L3K 2K4,335 Wellington ST
Port Colborne, ON L3K 2K4,335 Wellington ST
Port Colborne, ON L3K 2K4,335 Wellington ST
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335 Wellington ST Port Colborne, ON L3K 2K4


UPDATED:

10/14/2024 05:03 PM

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID X9358940

Annual Tax Amount $10,888

Tax Year 2023

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

Interior

Cooling Yes

Exterior

Utilities Available Yes

Parking Type Outside/Surface

Others

Security Features No


Listed by EXP REALTY

Jethro Seymour

Broker

+1(416) 712-0767

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335 Wellington ST