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335 WELLINGTON Street, PORT COLBORNE
2024-09-19
Quick Summary
- Location
- 335 WELLINGTON Street, PORT COLBORNE, Ontario L3K2K4
- Price
- $1,699,000
- Status:
- For Sale
- Property Type:
- Office
- Area:
- 5837ft2
MLS®#40649189
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. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Public Transit
Building
- Basement Type: Full
- Exterior Finish: Brick, Wood
- Fireplace: No
- Interior Size: 5837 sqft
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Paved driveway
Land
- Land Size: 0.262 ac|under 1/2 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Zoning
- Description: HC
Information entered by EXP REALTY OF CANADA INC
Listing information last updated on: 2024-09-19 21:19:28
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Your One Percent Realty Commission savings†
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