229 Main Street W,Port Colborne, ON L3K 3V7
Port Colborne, ON L3K 3V7
Description
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.
Details
| MLS # | X12933800 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Extension |
| Year | 0 |
| Days On Site | 156 |
| Listing Provided By | REVEL Realty Inc., Brokerage | X12933800 344729 |
Features
| Bath(s) | 4 |
|---|---|
| SQ Feet | 2,706 |
| Acreage | 0.06 |
Interior
| Cooling | Partial |
|---|
Exterior
| Community Features | Major Highway, Recreation/Community Centre |
|---|---|
| Security Features | No |
Utilities
| Utilities | Available |
|---|---|
| Sewer | Sanitary |
Taxes
| Tax Annual Amount | 6829 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PT LT 6 N/S MAIN ST W, 7 N/S MAIN ST W PL 762 AS IN RO575357; PORT COLBORNE |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Niagara |
| City | Port Colborne |
| Postal Code | L3K 3V7 |
| Area | 877 Main Street |
| Listing VS Median (in L3K 3V7) | |
Price: $549,900 low | high Med: $549,900 sqft: 2,706 low | high Med: 2,706 $ / sqft: $203 low | high Med: $203 On site: 156 low | high Med: 156 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Niagara |
| City | Port Colborne |
| Postal Code | L3K 3V7 |
| Area | 877 Main Street |
| Listing VS Median (in L3K 3V7) | |
Price: $549,900 low | high Med: $549,900 sqft: 2,706 low | high Med: 2,706 $ / sqft: $203 low | high Med: $203 On site: 156 low | high Med: 156 | |
