355 KING Street
Port Colborne, ON
5,500 sqft • Commercial Retail • 750 days on market
INVESTORS AND ENTREPRENEURS TAKE NOTE! Fantastic opportunity to own a 5500 sqft viable commercial building on a .45 acre lot in the thriving lakeside community of Port Colborne. Steps from the heart of Port Colborne's downtown core, with easy access to the Highway 3 and Highway140, this land backs on to the picturesque Welland Canal property. Zoning is Downtown Commercial (DC) which potentially allows for many uses including Apartment Building, Restaurant, Retail Store or Recreational Facility. Value is in the land, but also in the approximately 5500 sqft commercial building currently used as a vehicle repair/restoration shop with office space and shop space. There is a 2 piece bath and plumbing for 2 more bathroom. Secure parking/storage is available in the fenced-in area at the back and side of the building. Don't miss this opportunity to own this excellently located commercial property with views of the Welland Canal.
Listing Details
- Taxes (2024)
- $12,743
- Originally Listed
- $1,200,000
- Listed
- August 2, 2024
Price History
Property
- Lot Size
- 170 x 115.5 Feet
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- West Side of King Street between Delhi St and Elgin Street
- Zoning
- DC-44
- Parcel Number
- 641490201
- Possession
- Flexible
Commercial
- Business Type
- Other
- Occupancy
- Owner
Included
- Exclusions
- personal equipment
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
- $499,900
- Homes sold
- 251
- Median days on market
- 39
- Sale-to-list price
- 95.3%
Based on 251 recorded sales of commercial properties in Port Colborne over the last 12 months.
Listed by
Century 21 Heritage House LTD
Location
Commercial figures
- Building area
- 5,500 sq ft
- Price per sq ft
- $200.00
- Annual property tax
- $12,743
- Tax per sq ft
- $2.32
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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