Primary photo of 198 WELLAND STREET, Port Colborne (East Village)
1 / 14

Industrial For Sale

$1,490,000

198 WELLAND STREET

MLS® Number: X12379411

Floor Area

8,300

Land Size

300

About This Property

East Village | CanalSide Flex Office/Industrial | Income + Vacancy Position your business or portfolio at the SW corner of Clarence St & Welland St steps to the Welland Canal. The property offers ~ 8,000 sf across two levels with ~25 private offices, collaboration rooms and a paved onsite lot. Paved parking area for 30+ vehicles. Current layout supports office, professional services, technical trades, training/education and light industrial users. ~6,200 sf is leased to Miller Paving Group; ~1,800 sf is available immediately, with seller indicating the ability to deliver full or partial vacancy within ~3-6 months. The Light Industrial zoning is exceptionally versatile, allowing contractors yard, light industry, education facility, motor vehicle repair, research facility, and accessory office/retail/restaurant options, among others. City is very supportive of improving the area. The location benefits from Port Colborne's record cruise season (70+ calls Apr - Oct) and continued waterfront activation. Well built free standing building. More area can be build if required. A rare owner user purchase with income, or a straight forward lease up for investors.

Property Details

Interior Details

Cooling

Fully air conditioned

Heating

Forced air, Natural gas

Living Area

8300 sqft

Land & Location

City Region

876 - East Village

Lot Size Area

300.0 acres

Lot Size Dimensions

300.0

Postal Code

L3K5V8

Listing & Financials

Listing Office

INTERNATIONAL REALTY FIRM, INC.

Originating System Name

Toronto Regional Real Estate Board

Other Specifications

Country

Canada

Mortgage Calculator

20% ($298,000)
5.5%
25 Years

Estimated Monthly Payment

$7,320

Principal and interest only. Actual rates may vary.

Location & Map

Similar Listings

List Property