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$649,900
Est. payment /mo
2 Baths
1,688 SqFt
Open House
Sun Sep 06, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1688
Square Footage 1,688 sqft
Price per Sqft $385
Subdivision 878 - Sugarloaf
MLS® Listing ID X13474848
Property Description
An exceptional opportunity to acquire a canal-front property with commercial and mixed-use potential. Ideally situated along the scenic Welland Canal Promenade and Historic West Street, Captain's Quarters offers a rare combination of waterfront exposure, tourism appeal, and flexible development opportunities. Currently operating as a successful short-term rental property, this fully winterized 3-bedroom cottage is rich in character, featuring pine plank flooring, French doors, a cozy gas fireplace, and canal views. Two upper-level bedrooms open onto private balconies overlooking the Welland Canal, providing front-row views of international vessels passing by-a unique attraction that continues to draw visitors year-round. A separate attached one-bedroom guest suite at the rear of the property offers additional income potential, staff accommodations, or private owner quarters. The expansive lot provides room for future expansion or redevelopment, subject to municipal approvals, further enhancing the property's long-term investment value. Located just steps from Port Colborne's vibrant downtown, the property is within walking distance of restaurants, shops, marina, and waterfront park, benefiting from strong pedestrian traffic and a thriving visitor economy. Zoned for a variety of potential commercial uses, the property presents an excellent opportunity for investors, entrepreneurs, hospitality operators, or developers. As the property is currently utilized as a short-term rental, there is flexibility to establish market rental rates. Buyers may also benefit from available municipal and regional improvement grant programs designed to encourage investment and redevelopment. Whether you continue its successful hospitality operation, establish a boutique commercial venture, or explore future development opportunities, 62 West Street is a unique waterfront investment in one of Niagara's most desirable canal-front locations. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 3
Garage No
Private Pool No
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Listed by ROYAL LEPAGE NRC REALTY
NEARBY SCHOOL & BUSINESS
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