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229 MAIN Street W
Port Colborne Ontario L3K3V7 Canada

$634,900

Active Listing ID 40780623
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2,706 square feet
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Other

$634,900

Active Listing ID 40780623
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229 MAIN Street W 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. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Brick
  • Additional Features
  • Basement
Listing Changed: 11/26/2025 8:50:26 PM GMT
Source Updated Date: 12/7/2025 8:11:50 PM GMT

Courtesy of: Rob Golfi, Salesperson, RE/MAX Escarpment Golfi Realty Inc.