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650 Main Street W
877 - Main Street Port Colborne L3K 3X2

$1,899,990 /For Sale
Commercial

Main Photo: 650 Main Street W in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X14172682
Photo 1: 650 Main Street W in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X14172682
Photo 2: 650 Main Street W in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X14172682
Photo 3: 650 Main Street W in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X14172682
Photo 4: 650 Main Street W in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X14172682
Photo 5: 650 Main Street W in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X14172682
Photo 6: 650 Main Street W in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X14172682
Photo 7: 650 Main Street W in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X14172682
Photo 8: 650 Main Street W in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X14172682
Photo 9: 650 Main Street W in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X14172682
Photo 10: 650 Main Street W in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X14172682
Photo 11: 650 Main Street W in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X14172682
Photo 12: 650 Main Street W in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X14172682
Photo 13: 650 Main Street W in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X14172682
Photo 14: 650 Main Street W in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X14172682
Photo 15: 650 Main Street W in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X14172682
Photo 16: 650 Main Street W in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X14172682
Photo 17: 650 Main Street W in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X14172682
Photo 18: 650 Main Street W in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X14172682
Photo 19: 650 Main Street W in Port Colborne: 877 - Main Street Commercial for sale : MLS®# X14172682
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X14172682
Bus Major:
Apts - Over 20 Units
1.5 ACRES OF PRIME DEVELOPMENT LAND WITH AN OPERATING 17-UNIT MOTEL ON MAIN ST W IN PORT COLBORNE! A RARE TWO-IN-ONE OPPORTUNITY: COLLECT INCOME TODAY AND HOLD AN APPROVED DEVELOPMENT SITE FOR TOMORROW. ZONING APPROVED AS MIXED USE (MU), PERMITTING A 6-STOREY BUILDING WITH 95 RESIDENTIAL UNITS, 326 SQ M OF GROUND-FLOOR COMMERCIAL SPACE AND 132 PARKING SPACES. SITE PLAN AND ENGINEERING DRAWINGS AVAILABLE. THE EXISTING 17-UNIT MOTEL OFFERS VALUE-ADD UPSIDE: RENOVATE THE ROOMS TO DRIVE RATES AND OCCUPANCY AND EARN CASH FLOW WHILE THE DEVELOPMENT WAITS UNDERNEATH, OR BUY IT AS A DEVELOPMENT SITE AND BREAK GROUND! APPROX. 360 FT OF FRONTAGE ON HIGH-EXPOSURE MAIN ST W, WITHIN PORT COLBORNE'S BUILT-UP AREA, MINUTES FROM THE DOWNTOWN CORE. 7 MINUTES TO NICKEL BEACH, THE WELLAND CANAL AND LAKE ERIE, AND APPROX. PORT COLBORNE IS ON THE RISE WITH THE $1.56B ASAHI KASEI EV BATTERY SEPARATOR PLANT, THE FIRST OF ITS KIND IN CANADA, EXPECTED TO BRING 300+ JOBS TO THE REGION AND NEW DEMAND FOR HOUSING AND ACCOMMODATION. WHETHER YOU ARE A DEVELOPER, A HOSPITALITY OPERATOR OR A LONG-TERM INVESTOR, THE POSSIBILITIES ARE ENDLESS!
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
51-99
Total Area:
65340 sq. ft. Acres
Total Area:
1.5 acre(s)
Lot Depth:
330'1¼"
Lot Frontage:
360'10"
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
Commercial-Residential-Development
Heating type:
Electric Forced Air
Garage:
None
Parking Spaces:
130
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$22,337 / 2026
Assessment:
$- / -
Niagara
Port Colborne
877 - Main Street
Major Highway, Public Transit
None
No
Utilities:
Yes
Sewers:
Sanitary
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Expenses Actual/Estimated:
Estimated
Business/Building Name:
Seaway Motel
Major Business Type:
Apts - Over 20 Units
Category:
Apartment
Franchise:
No
Employees:
2
Chattels:
No
LLBO:
No
Date Listed:
Nov 11, 2026
Original Price:
Previous Price:
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Listed by M5V Elite Realty Group
Data was last updated November 14, 2026 at 03:15 AM (UTC)
DARYL  KING
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Owning an apartment building for sale provides unique advantages:

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.