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$2,995,000
Est. payment /mo
5,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $599
Subdivision 878 - Sugarloaf
MLS Listing ID X12154262
Annual Tax Amount $8,544
Tax Year 2025
Property Sub-Type Investment
Lot Depth 165.0
Lot Front 56.0
Property Description
Waterfront opportunity along the canals promenade in downtown Port Colborne locates this fabulous and beautifully restored building known as 'Cornerstone Guest Suites'. 5 units in all, with detached double garage and private parking on 165' deep lot. Live in the stunning 1,160 sq.ft. penthouse suite on the top floor offering panoramic canal/lake views with hardwood flooring, vaulted ceilings and gas fireplace. Ideal as a boutique hotel, condos, or commercial on main floor and rentals on second and third floors. Built by the engineer who designed the beginning of the Welland Canal in mid 1800's, this well constructed building, with many updates, offers great future potential and possible expansion for additions. Don't miss this once in a lifetime chance to own along the canal with the ships from around the world passing by your windows!
Location
Province ON
County Niagara
Community 878 - Sugarloaf
Area Niagara
Zoning DC
Interior
Cooling No
Inclusions 5 fridges, 5 stoves, 5 microwaves, 5 washers, 5 dryers, ring security camera, furnishings ) 4 units, 6 window a/c units, interconnected smoke detectors, window coverings & 6 fire extinguishers
Exterior
Utilities Available Yes
Lot Frontage 56.0
Lot Depth 165.0
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Listed by ROYAL LEPAGE NRC REALTY