$449,900

For sale

216 King Street, Port Colborne (Sugarloaf) - Retail for Sale

216 King Street, Port Colborne (Sugarloaf), Ontario, L3K4G7

1,151 ft²1,151 sq ft lot sizeListed 65 days ago

Overview

This retail property in Port Colborne is for sale offering roughly 1,151 sq ft of space. It has been on the market 65 days, fresher than the Port Colborne average of 99 days.

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Description

Commercial opportunity in the heart of Downtown Port Colborne! Offering approximately 1,150 sq. ft. of main floor space plus a full basement, this property provides excellent flexibility for a wide range of business uses. Bright front windows offer strong visibility and exposure along one of Port Colborne's busiest downtown streets, while the rear access off Market Square adds convenience for staff, deliveries, or a potential loading area. The back of the property also offers approximately 2-3 parking spaces, with additional public parking nearby. Located close to Market Square and the municipal public parking lot, this property sits within Downtown Commercial zoning, which permits a variety of potential uses, including the possibility of a residential unit in addition to the commercial space. The property is also located within the Façade and Property Improvement Grant CIP Area, offering potential incentive opportunities for future improvements. A great opportunity for retail, service, office, studio, residential/commercial mixed use, or other downtown commercial ventures. (id:66096)

Property Details

MLS®: X13733490
Property Type: Retail
Zoning: DC
Interior Size: 1,151 ft²
Lot Size: 1,151 sq ft
Frontage: 29 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $7,518/yr
Listed: 65 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

65d

Port Colborne (Sugarloaf) listings, avg age

99d

Price / ft²

$391

List price

$450K

Haho

This retail in Port Colborne (Sugarloaf) has been listed for 65 days, which is 34 days fresher than the city average of 99. Act while there is still low competition.

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Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE · Nicki Lumsden

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3K)

This home lists at $449,900, about 6.4× the local median household income of $70,000.

Carrying it typically needs a household income of about $87,881 (20% down, 25-yr amortization, stress-tested) — roughly 26% 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)

$449,900· $391/ft²

For sale

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Financing

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