198 Welland St — Port Colborne, ON
Prime light-industrial asset with income in place and room to grow.
Address
198 Welland Street, Port Colborne, Ontario
Vision / Opportunity
Positioned steps from the Welland Canal and close to port infrastructure, this property suits contractors, service firms, light assembly, and office users. Cruise activity and renewed attention to the waterfront create upside for tenant demand and ancillary uses.
Property at a Glance
-
Site area: ≈ 1.0 ac
-
Building area (est.): ≈ 8,500 sf
-
Existing income: ~6,200 sf leased to Miller Paving Group to Apr 2027
-
Available area: ~2,500+ sf for owner-use or lease-up
-
Zoning: LI – Light Industrial (broad industrial-commercial permissions)
-
Parking: ~30 surface stalls
-
Clear height: ~12 ft; sprinklers: No
-
Frontage / depth (approx.): ~300 ft x 135–145 ft
-
Municipal services: Water; HVAC: Gas forced-air with A/C
Investment Highlights
-
Income + upside: Secure cash flow from in-place tenancy with near-term leasing/owner-use optionality on the balance.
-
Location advantages: Near canal and docks; convenient access for regional service and distribution users.
-
Flexible permissions: LI zoning supports a wide range of industrial and service-commercial uses.
-
Supportive context: City initiatives aimed at strengthening the waterfront and visitor economy.
Zoning – LI (Light Industrial) Highlights
Principal uses may include: light industry; contractor’s yard; motor-vehicle repair; research facility; transportation depot; crematorium; cannabis production facility; education facility; public use; adult-oriented entertainment establishment.
Accessory uses may include: office; retail store; full-service, fast-food, or take-out restaurant; food vehicle.
Refer to the City’s by-law for full standards (yards, heights, outdoor storage, etc.).
Contact
Interested in purchasing or structuring a JV/lease?
Email: info@gtalands.com