Exceptional mixed-use investment opportunity in the heart of Port Colborne’s revitalizing downtown. This solid building offers three one-bedroom residential units and one retail storefront, with a total building area of 2,706 sq. ft. Situated on a 56’ x 179’ lot with ample parking and strong visual exposure, the property combines stable income with long-term growth potential. Two of the residential units are currently vacant, presenting immediate upside for an investor to set market rents. The occupied unit is tenanted by a reliable resident, while the commercial space is also leased, providing steady cash flow. Located within Port Colborne’s East Waterfront Community Improvement Project Area (CIP), the property is eligible for municipal incentives that support both building upgrades and redevelopment. These include façade improvement funding, residential rehabilitation grants, and tax increment programs. With Downtown Commercial (CC) zoning, investors have flexibility for mixed-use operations and the potential for further intensification of the site. This property is ideally positioned for investors seeking income stability today and development potential for tomorrow, all within a high-visibility downtown location minutes from the marina, transit, and major highways.
RE/MAX Escarpment Golfi Realty Inc.
$649,900
229 Main Street W, Port Colborne, Ontario
0 Bedrooms
2706 Sqft
Property
MLS® Number: 40780623
Address: 229 Main Street W
City: Port Colborne
Exterior: Brick
Lot Size: 179.5ft x 56.43ft
This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.
Property Sale History
Travel and Neighbourhood
72/100Walk Score®
Very Walkable
Location
