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198 Welland Street

876 - East Village / Port Colborne, ON L3K 5V8

ActiveFor Sale
0 Beds
0 Baths
8,300 Sq Ft
1 Lot Sq Ft
Commercial

About This Property

East Village | CanalSide Flex Office/Industrial | Income + Vacancy Position your business or portfolio at the SW corner of Clarence St & Welland St steps to the Welland Canal. The property offers ~ 8,000 sf across two levels with ~25 private offices, collaboration rooms and a paved onsite lot. Paved parking area for 30+ vehicles. Current layout supports office, professional services, technical trades, training/education and light industrial users. ~6,200 sf is leased to Miller Paving Group; ~1,800 sf is available immediately, with seller indicating the ability to deliver full or partial vacancy within ~3-6 months. The Light Industrial zoning is exceptionally versatile, allowing contractors yard, light industry, education facility, motor vehicle repair, research facility, and accessory office/retail/restaurant options, among others. City is very supportive of improving the area. The location benefits from Port Colborne's record cruise season (70+ calls Apr - Oct) and continued waterfront activation. Well built free standing building. More area can be build if required. A rare owner user purchase with income, or a straight forward lease up for investors.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size8,300 sq ft
Lot Size1 sq ft
Bedrooms0
Bathrooms0
Postal CodeL3K 5V8
Last UpdatedAug 8, 2026 · 5:38 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X12379411

Listed by INTERNATIONAL REALTY FIRM, INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$1,490,000

asking price

MLS®X12379411
TypeCommercial
CityPort Colborne
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$7,276

/month · $1,192,000 mortgage

Down Payment20% — $298,000
Interest Rate5.5%

Amortization

Total Interest

$990,760

Total Cost

$2,182,760

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

INTERNATIONAL REALTY FIRM, INC.