Overview

This retail property in Port Colborne is for sale offering roughly 860 sq ft of space.

Retail Space for Sale in Port Colborne →All real estate in Port Colborne →

Description

INCREDIBLE RETAIL INVESTMENT OPPORTUNITY! Situated in the heart of Port Colborne's commercial district lies a completely transformed retail tenanted location with long and secure lease. Strong lease with reputed tenant Tito's Pizza Franchise. Zoning provides a variety of many different uses with the potential to expand out the back or above. Rear parking for seven cars with more street parking out front. This is building sale only. (id:66096)

Property Details

MLS®: X13138784
Property Type: Retail
Zoning: CC31
Parking: 7
Interior Size: 860 ft²
Lot Size: 20 × 165 ft (3,300 sq ft)
Frontage: 20 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $7,326.24/yr
Listed: 174 days ago

Market Timing

Days on market

174d

Port Colborne (Sugarloaf) listings, avg age

99d

Price / ft²

$464

List price

$399K

Haho

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Area context

Neighbourhood profile (L3K)

This home lists at $399,000, about 5.7× the local median household income of $70,000.

Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — roughly 11% above the area median.

Median household income: $70,000
Population: 19,458
Median age: 50.8
Owner / renter: 73% / 27%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L3K)

$399,000· $464/ft²

For sale

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Financing

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103 Clarence Street, Port Colborne (Sugarloaf) - Retail for Sale

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Neighbourhood profile (L3K)

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