229 MAIN STREET W
Port Colborne (Main Street), Ontario
MLS® X12933800
$549,900
- Status
- Active
- Property type
- Retail
- MLS® number
- X12933800
- Bedrooms
- —
- Bathrooms
- 4
- Year built
- —
1 / 40Listing 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.
Property summary
- MLS® number
- X12933800
- Property type
- Retail
- Building type
- Residential Commercial Mix
- Square footage
- 2,706 sq ft
- Land size
- 56.43 x 176.22 FT
- Annual property taxes
- $6,829.00
- Parking
- 15 spaces
- Days on market
- 150 days
Features & details
- Heating
- Radiant heat
- Cooling
- Partially air conditioned
What would this home cost you?
Based on the $549,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REVEL Realty Inc., Brokerage, St. Catharines.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.