Multiplex · For sale

56 West Street, Port Colborne

$1,995,000

Listing brokerage: ROYAL LEPAGE NRC REALTY · MLS® X13134542

Listing brokerage

ROYAL LEPAGE NRC REALTY

Type

Multiplex

Deal

For sale

Category

Residential · Multi-unit homes

Bedrooms

5

Bathrooms

5

Size

3500-5000 sq ft

Lot

56 x 165 ft

Area

878 - Sugarloaf

MLS® number

X13134542

Description

Attention Investors - Great waterfront opportunity! Situated along the canal-side Promenade in downtown Port Colborne, 'Cornerstone Guest Suites' is a charming and beautifully restored 5-unit (5,000 sq.ft.) property offering exceptional versatility and investment potential. This remarkable building could be converted into condos, boutique hotel, commercial use or continue operating as an apartment building or five guest suites. The top floor features an impressive 1,160 sq. ft. penthouse suite with breathtaking panoramic views of the canal and lake - ideal for owner to occupy. With potential for a boutique hotel, commercial space on the main level and residential rentals on the upper floors, this property offers endless possibilities. Future expansion or redevelopment opportunities add even more value. A rare chance to own a prime waterfront location where ships from around the world glide past your window. Set your own rents for units 1 & 5 (currently being used as short term rentals).