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227 Colborne Street

Central Elgin, ON

$998,000

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Bedroom

-

Bath

3

Year Built

-

Size

4,203 sf

Commercial
Property Type

Commercial

Property Description

This is the opportunity of a lifetime to purchase a landmark building in an incredible downtown location in Port Stanley. The building is located at a stoplight location on a heavily trafficked county roadway. Expect plenty of walk-by traffic as well. 4 commercial units paying rent and a highly in-demand downtown residential apartment. Over 4000 square feet of rentable square footage. Rents are actualized and at market value. Net Rents approaching $85,000.There is also the opportunity to purchase the Apropos business as well as the building and land. The business is a high reputed, household name in Port Stanley that retails fine clothing and accessories. It comes with significant goodwill. There are plenty of allowable uses for the property under current zoning. Port Stanley is developing quickly ahead of the Volkswagen EV Giga factory launch. This is a perfect place for a savvy investor to have their money go to work

Property Details

Property ID

28684

Price

$998,000

Property Size

4,203 sf

Bathrooms

3

Year Built

-

Property Type

Commercial

Property Status

FOR SALE

Bedrooms

-

Address

Address

Map Address

City

State

Area

227 Colborne Street Units 5, Central Elgin, ON N5L 1C2

227 Colborne Street Units 5, Central Elgin, ON N5L 1C2

Central Elgin

ON

ON

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