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229 Main Street

229 Main Street

Port Colborne, ON

  • 4 bath
  • 2,706 sqft
  • Store W Apt/Office
  • 239 days on market
$589,900Price reduced 2%

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.

Listing Details

Taxes (2025)
$6,829
Originally Listed
$599,900
Listed
January 6, 2026

Price History

Listing history

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Property

Lot Size
56.43 x 176.22 Feet

Parking

Garage
None

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Main St W and King St
Zoning
CC
Parcel Number
641370129
Possession
Flexible
Occupancy
Tenant

Commercial

Office / Apartment Area
1743 Sq Ft

Included

Inclusions
3 fridges and 3 stoves
Exclusions
All tenant belongings

Property Insights

treed lot

AI-generated from listing photos. Not professional advice.

Community

Postal area L3K

Population
19,458
Private dwellings
9,086
Median age
50.8
Average household size
2.2
Median household income
$70,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Port Colborne · last 12 months

Median sold price
$493,250
Homes sold
252
Median days on market
40
Sale-to-list price
95.3%

Based on 252 recorded sales of commercial properties in Port Colborne over the last 12 months.

Listed by

REVEL Realty Inc., Brokerage

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
2,706 sq ft
Price per sq ft
$218.00
Annual property tax
$6,829
Tax per sq ft
$2.52

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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