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$ 1,995,000
Est. payment | /mo
5 Beds
5 Baths
3,500 SqFt
$ 1,995,000
Est. payment | /mo
5 Beds
5 Baths
3,500 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500 - 5000
Square Footage 3,500 sqft
Price per Sqft $570
Subdivision 878 - Sugarloaf
MLS® Listing ID X13134542
Bedrooms 5
Property 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. Can also be purchased with neighbouring property at 62 West St - known as the 'Captains Quarters Guest Suites' (MLS X12983494) (id:24570)
Location
Province ON
Lake Name Welland Canal
Rooms
Kitchen 0.0
Interior
Cooling Window air conditioner
Exterior
Parking Features Yes
View Y/N Yes
View Direct Water View
Attached Garage No
Total Parking Spaces 7
Garage Yes
Private Pool No
Building
Story 3
Sewer Sanitary sewer
Water Welland Canal
Listed by ROYAL LEPAGE NRC REALTY
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