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$1,950,000
Est. payment /mo
6,800 SqFt
UPDATED:
11/12/2024 10:53 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 6,800 sqft
Price per Sqft $286
MLS Listing ID X9361721
Annual Tax Amount $27,000
Tax Year 2024
Property Description
EXCELLENT COMMERCIAL PROPERTY Located in the heart of Port Colborne! An ideal owner operator opportunity with 1 remaining available unit from this 6800 sq ft two story 5 Unit Plaza. The property is set at the intersection of Clarence and Historic West Streets. The property was fully renovated which boasts premium custom finishes and brand new infrastructure throughout. Property highlights include: expansive downtown commercial property - optimally located to access all tourist and local trade. This property offers a rare combination of retail, office and hospitality space and significant income potential. The City's strategic location on the Welland canal and proximity to the USA Boarder has spurred economic growth, making it an attractive area for investment. Honda's recent expansion in the city, focusing on advanced manufacturing and electric vehicles is expected to create jobs and significantly strengthen the automotive industry, highlighting Port Colborne's growing importance and investment potential. Whether you envision total income or owner occupied this property has the versatility to fulfill your needs immediately. Seize the rare opportunity to own nearly half a city block of downtown Port Colborne.
Location
Province ON
County Niagara
Area Niagara
Interior
Cooling Yes
Exterior
Utilities Available Yes
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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