$1,200,000
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227 COLBORNE STREET, Central Elgin (port Stanley), ON N5L1C2

- Beds
0 Baths
4,203 Sq Ft

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. $85, 800 gross rents with the tenants absorbing a large part of TMI. 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 Gigafactory launch. This is a perfect place for a savvy investor to have their money go to work. (id:55598)

  • MLS® X8285942
  • Date Listed04/02/2024
  • Days on Realty 163 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Sewer Other
  • Subdivision Port Stanley
  • Property Type Other
  • Water Public
  • Square Feet 4,203 sq. ft
  • Price Per Sq. Ft $285.51

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in ON / N5L1C2

Source: Walkscore

46/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

32/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 8/100, Transit Score: 0/100, Bike Score: 19/100.

Points of interest near 227 COLBORNE STREET, Central Elgin (Port Stanley), ON N5L1C2

Frequently Asked Questions for 227 COLBORNE STREET

Source: Realty.com

227 COLBORNE STREET, Central Elgin (Port Stanley), ON N5L1C2 is a Other, Business Opportunity property listed for $1,200,000 The property is 4203 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 40 photos of 227 COLBORNE STREET.

The full address for this home is 227 COLBORNE STREET, Central Elgin (Port Stanley), ON N5L1C2.

227 COLBORNE STREET has been listed on Realty.com since Tue April 02, 2024

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 8/100, Transit Score: 0/100, Bike Score: 19/100.

Listing provided courtesy of: ROYAL LEPAGE TRILAND REALTY (tel: (519) 633-0600)
Listing agent: RYAN FEATHERSTONE (tel: (519) 633-0600)

This content last refreshed on 2024-09-12 08:15:52. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 227 COLBORNE STREET, Central Elgin (Port Stanley), ON N5L1C2 : MLS® X8285942