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229 Main Street W Port Colborne, Ontario L3K 3V7

4 Bathroom 2706 sqft
Partially Air Conditioned Radiant Heat

$549,900

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. (id:61445)

Property Details

MLS® Number X12933800
Property Type Retail
Community Name 877 - Main Street
AmenitiesNearBy Highway, Recreation
ParkingSpaceTotal 15

Building

BathroomTotal 4
CoolingType Partially Air Conditioned
HeatingType Radiant Heat
SizeInterior 2706 Sqft
Type Residential Commercial Mix
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Highway, Recreation
Sewer Sanitary Sewer
SizeDepth 176 Ft ,2 In
SizeFrontage 56 Ft ,5 In
SizeIrregular 56.43 X 176.22 Ft
SizeTotalText 56.43 X 176.22 Ft
ZoningDescription Cc

https://www.realtor.ca/real-estate/29531003/229-main-street-w-port-colborne-main-street-877-main-street

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Jessie Macdonald
Broker


Revel Realty Inc., Brokerage
105 Merritt St., Unit 1,
St.catharines, Ontario L2T 1J7

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