Commercial Real Estate in Welland available for sale
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Grocery or Convenience Store for Sale near Welland

Welland Grocery or Convenience Store for Sale

Grocery and Convenience Stores for Sale Within 10 kilometers of Welland

More details for 45-53 West Side Rd, Port Colborne, ON - Retail for Sale

West Side Place - 45-53 West Side Rd

Port Colborne, ON L3K 5Y7

  • Retail for Sale
  • Price Upon Request
  • 92,666 SF

Port Colborne Retail for Sale - Southern GGH

Colliers Private Capital Investment Group (“theAdvisor”) is pleased to offer for sale a 100% freehold interest in 45 West Side Road (the “Property”), an institutional-quality 92,666 SF grocery-anchored shopping plaza in Port Colborne. Strategically positioned at the intersection of West Side Road and Highway 3, the Property benefits from excellent visibility, access, and proximity to key regional anchor tenants, and local public schools. The Property is 100% leased to a strong mix of nationally recognized service, discount, and daily needs tenants including No Frills, Dollarama, Pet Valu and Goodwill, supported by a weighted average lease term (“WALT”) of 4.04 years. The Property presents investors with further upside potential through the development of 3 retail pads, including 3 drive-thru’s, totaling 5,852 SF. Additionally, with a current average base rental rate of $8.93 per SF (net), investors have further cash flow upside through upcoming lease renewals. 45 West Side Road is ideally located within Port Colborne’s dominant commercial corridor, less than 2 km from Port Colborne General Hospital and within a short drive of Niagara College’s Welland Campus. The surrounding area is characterized by stable residential neighborhoods, with over 8,390 residents within a 3 km radius and strong average household incomes. The property offers significant long-term upside through potential intensification on the large 8.24-acre site, supported by flexible zoning and large frontages on major arterial roads. This offering provides investors the opportunity to acquire a stabilized, retail asset in one of the Niagara Region’s most established commercial nodes, with immediate cash flow and the ability to unlock additional value through lease renewals and retail pad development. Please execute the Confidentiality Agreement to access financial information: https://apps.colliers.com/DigitalDocs/Accept/1769379b-de0e-410c-917e-bd021376dae3

Contact:

Colliers

Property Subtype:

Supermarket

Date on Market:

2025-07-10

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Grocery and Convenience Stores for Sale in Welland

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How many grocery and convenience stores are available for sale in Welland?
There are currently 1 grocery and convenience stores available for sale in Welland, offering a unique opportunity for businesses to establish a presence.
How big are the grocery and convenience stores available for sale in Welland?
The average size of grocery and convenience stores available for sale in Welland is about 12,485 SF. The largest grocery and convenience stores available to buy is 12,485 SF and the smallest is 12,485 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for grocery and convenience stores in Welland?
The average market cap rate for grocery and convenience stores for sale is about 5.24% based on data provided in Welland. Learn more about how cap rates are calculated.