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No other real estate opportunities quite like this one! On September 13, 2023, the 1827 Wine & Cheese Lounge opened, providing an elevated experience for the most refined of taste in one of the loveliest communities in the region. This extensively renovated mixed use triplex offers so much to a potential purchaser. You could take over operations of the lounge, you could create your own vision for the space or you can simply invest to add to your real estate portfolio. Over $150,000 in renovations have taken place since June of 2022. Improvements were made to the structure, electrical and plumbing systems as well as to the decor of the main floor space. The fully equipped kitchen has everything a chef needs to create gastronomic wonders and the equipment could be part of the package for a potential purchaser. Customers can enjoy the scenic views of the river from the deck. There are two apartments on the second floor to add to your revenue stream or to act as living quarters for an owner operator. The two bedroom apartment is currently rented for $1590 per month plus hydro. The three bedroom apartment is currently vacant, being repainted and would rent for close to $1750 (plus hydro) and maybe more. The parking lot can accommodate 10 cars. This building has it all, is turnkey and is in a beautiful location! Come and walk the property and its gardens to see for yourself. If visiting the restaurant, please be discreet as the staff may or may not know that the property is for sale. Come see!" +"BasementYN": true +"BuildingAreaUnits": "Square Feet" +"BusinessName": "```" +"BusinessType": array:1 [ 0 => "Apts - 2 To 5 Units" ] +"CityRegion": "907 - Perth" +"CoListOfficeName": "RE/MAX HALLMARK LAFONTAINE REALTY" +"CoListOfficePhone": "613-663-2720" +"Cooling": "Partial" +"Country": "CA" +"CountyOrParish": "Lanark" +"CreationDate": "2025-05-16T23:09:43.522736+00:00" +"CrossStreet": "Gore St E and Mill St" +"Directions": "Highway 7 to Wilson St W to North St to Gore St E" +"ElectricExpense": 5128.69 +"ExpirationDate": "2025-11-14" +"InsuranceExpense": 8511.48 +"RFTransactionType": "For Sale" +"InternetEntireListingDisplayYN": true +"ListAOR": "OREB" +"ListingContractDate": "2025-05-16" +"LotSizeSource": "MPAC" +"MainOfficeKey": "505300" +"MajorChangeTimestamp": "2025-05-16T20:16:39Z" +"MlsStatus": "New" +"NetOperatingIncome": 52705.8 +"OccupantType": "Owner+Tenant" +"OperatingExpense": "29374.2" +"OriginalEntryTimestamp": "2025-05-16T20:16:39Z" +"OriginalListPrice": 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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!
Details
MLS® Number
X12154262
X12154262
Property Size
5000 Sqft
5000 Sqft
Additional details
- Utilities: Yes
- Cooling: No
- County: Niagara
- Property Type: Commercial Sale
Address
- Address 56 West Street
- City Port Colborne
- State/county ON
- Zip/Postal Code L3K 4C8