227 Colborne St, Central Elgin, Ontario N5L 1C2

  • $1,450,000
227 Colborne St, Central Elgin, Ontario N5L 1C2
Active
227 Colborne St, Central Elgin, Ontario N5L 1C2
  • $1,450,000

Overview

Property ID: X7404936
  • Commercial Sale, Retail
  • Property Type
  • 3
  • Bathrooms
  • 4203
  • Sqft

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 RENT APPROACHING $85,000 THERE ARE PLENTY OF ALLOWABLE USES FOR THE PROPERTY UNDER CURRENT ZONING. PORT STANLEY IS DEVELOPING QUICKLY AHEAD OF THE VOLKSWAGEN EV GIGAFACTORY LAUNCH. THIS IS A PERFECT PLACE FOR A SAVVY INVESTOR TO HAVE THEIR MONEY GO TO WORK.

  • Address 227 Colborne St
  • City Central Elgin
  • State/county Ontario
  • Zip/Postal Code N5L 1C2

Details

Updated on March 6, 2024 at 3:01 pm
  • Property ID: X7404936
  • Price: $1,450,000
  • Property Size: 4203 Sqft
  • Bathrooms: 3
  • Garage Size: x x
  • Property Type: Commercial Sale, Retail
  • Property Status: Active
  • MLS#: X7404936

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