$ 839,000
481 Main Street W
481 Main Street W, Port Colborne, ON L3K3W3 Photo 1
35 Photos
481 Main Street W, Port Colborne, ON L3K3W3 Photo 2
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481 Main Street W, Port Colborne

Live, work, and invest all in one location.Turn-key, mixed-use opportunity in a high-traffic, high-visibility Port Colborne west location, offering a rare combination of commercial space, residential living, and strong investment value. The established storefront is currently operated as the well-known "BB's Variety," serving a steady base of loyal clientele. Set along the Main Street / Hwy 3 corridor on a 99' x 133' lot with ample paved parking for 10+ vehicles. Zoned DC (Downtown Commercial), the property allows for a wide range of uses including continued commercial operation, residential income, or future multi-residential potential.The commercial space is approximately 998 sq ft of retail area with storage and its own washroom. The business includes multiple revenue streams such as grocery, lotto, tobacco, and convenience items, with current hours of 8 AM - 8 PM and potential to expand.The residential portion - with private entrance through the store as well as from the exterior - is approximately 1,897 sq ft and includes a primary 3-bedroom, 1.5 bath layout across two levels, with original character home wood trim & features. Main floor has kitchen, living and dining areas, office/den, laundry, 3 pc bath & mudroom. Plus, a separate bachelor apartment on the 2nd level, complete with its own exterior entrance and 4-piece bath, is ideal for extended family or potential rental income. The full basement with 890 sq ft of additional space for storage or future use.A detached double garage, rebuilt in 2018 with hydro and heat, adds further utility for workshop or storage. Outdoor space includes a private deck, ground-level patio, and partially fenced yard.Updates include roof shingles (2016), commercial A/C (2021), electrical improvements with two 100-amp services, plumbing upgrades, and garage improvements including new electrical, furnace, and roof. An opportunity with multiple income streams, strong exposure, and future potential. (id:1945)
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Property details for 481 Main Street W, Port Colborne

Type
Commercial
Bedrooms
5
Bathrooms
4
Living Area
2,824 square feet
Lot Size
99 x 133.5 FT
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Annual Taxes
$9,664

Nearby Listings Stat

Estimated price and comparable properties near 481 Main Street W

Active Listings
2
Min Price
$798,000
Max Price
$839,000
Avg Price
$818,500
Days on Market
97
days
Sold Listings
3
Min Sold Price
$499,000
Max Sold Price
$794,900
Avg Sold Price
$638,967
Days until Sold
132
days

Price History

Listed
April 30, 2026
by RE/MAX NIAGARA REALTY LTD, BROKERAGE
Current Price
$839,000
-16.1% from last change
Type
Commercial
For Sale
Price Changes
1
Date Price Change
Current $839,000 $160,900 (-16.1%)
Apr 30, 2026 $999,900 Listed

Contact Agent Get in touch about 481 Main Street W, Port Colborne

Frank Ruzycki
Frank Ruzycki
RE/MAX NIAGARA REALTY LTD, BROKERAGE

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