Jag Patel
Broker
$599,900
Available - For Sale
Listing ID: X12665708
229 Main Street West , Port Colborne, L3K 3V7, Niagara
| An outstanding mixed-use investment located in the core of Port Colborne's transforming downtown district. This well-maintained property features three one-bedroom residential apartments and a ground-level retail unit, offering 2,706 sq. ft. of total building area. Positioned on a 56' x 179' lot, the site benefits from generous on-site parking and excellent street presence, supporting both residential and commercial appeal. Two of the residential units are currently vacant, creating an immediate opportunity for an investor to secure market rents, while the remaining apartment and the retail space are leased, providing dependable income. Situated within the East Waterfront Community Improvement Project Area, the property may qualify for a range of municipal incentive programs, including façade improvement assistance, residential renovation grants, and tax-based redevelopment incentives. Downtown Commercial (CC) zoning allows for flexible mixed-use use and potential future intensification. With strong visibility, proximity to the marina, transit routes, and major highways, this asset offers a compelling blend of current income and future redevelopment potential. |
| Price | $599,900 |
| Taxes: | $6829.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 229 Main Street West , Port Colborne, L3K 3V7, Niagara |
| Postal Code: | L3K 3V7 |
| Province/State: | Niagara |
| Legal Description: | PT LT 6 N/S MAIN ST W, 7 N/S MAIN ST W P |
| Directions/Cross Streets: | Main St W and King St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Store With Apt/Office |
| Building Percentage: | T |
| Total Area: | 2706.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1743 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Recreation/Comm |
| Sprinklers: | No |
| Washrooms: | 4 |
| Rail: | N |
| Heat Type: | Radiant |
| Central Air Conditioning: | Partial |
| Sewers: | Sanitary |
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| REVEL Realty Inc., Brokerage |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Niagara |
| Municipality: | Port Colborne |
| Neighbourhood: | 877 - Main Street |
| Tax: | $6,829 |
| Baths: | 4 |
| Fireplace: | N |
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