For Sale

229 MAIN Street, Port Colborne, Ontario L3K3V5

$679,000

229 MAIN Street, Port Colborne, Ontario L3K3V5 is For Sale and has a listing price of 679,000. The property is located in the Port Colborne neighbourhood. It's been on the website for 80 Days.

  • Office
    Property Type
  • 15
    Parking Spaces
  • MLS ID: 40613540
  • Office Name RE/MAX NIAGARA REALTY LTD, BROKERAGE
Property Description

Don’t miss out on the opportunity to own this prime 4-unit mixed-use commercial income property in the rapidly developing Port Colborne. This property features two upper-level 1-bedroom apartments, one main floor residential 1-bedroom apartment, and one main floor commercial unit. Located on the main strip, the property sits on a spacious 53′ x 176′ lot, which includes a large paved parking area for tenants and customers. This setup is perfect for a business/live-in situation with extra units to help pay the mortgage, or you can rent it all out for investment purposes. Newer boiler, three separate hydro meters, and the main floor units are equipped with central air conditioning. This excellent location is close to all amenities, including bus routes, schools, and shopping. There is also future potential for adding a 4-plex or 6-plex at the rear of the property. Buyers to conduct their own due diligence with the city and region. (id:43137)

Property Details
  • MLS ID: 40613540
  • Price: $679,000
  • Transaction Types: For Sale
  • Ref ID: 27116668
  • Year Built: N/A
  • Property Type: Office
  • Property Type: Commercial
  • Property Sub Category: Office
Price History
List Date MLS ID List Price Status End Date Closed Price
07/02/2024 40613540 $798,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Port Colborne
  • $758,773 Average List Price
    based on 1 year
  • 115 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 77.28 % Up
  • Sold (12mo) 138
  • Rented (12mo) 16

  • 1 Month Change +2.6%
  • 3 Month Change +0.2%
  • 6 Month Change +11.7%
Walkscore
Property Type Distribution
  • All Houses
    78%
  • All Houses/Commercial
    0.04%
  • Commercial
    11.92%
  • Condo
    6.99%
  • Land for Sale
    3.06%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 Full
  • Water Municipal Water
  • Exterior Brick, Stucco
  • Total Parking Spaces: 15
  • Property Features Paved Driveway
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 02/07/2024 00:00:00
  • Zoning A/ru/ep
  • Agent Name: GARY DEMEO
  • Address Subdivision: 877 - Main Street
  • Last Updated: 05/09/2024 12:10:39
Open House Dates
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