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List Price: $1,200,000

227 Colborne Street, Central Elgin, N5L 1C2

- By ROYAL LEPAGE TRILAND REALTY
Commercial Retail|MLS - #X8190932|Extension
Bed
3 Bath
4203 Sqft.
None Garage

Client Remarks

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 Gigafactory launch. This is a perfect place for a savvy investor to have their money go to work.
Property Description

227 Colborne Street, Central Elgin, N5L 1C2

Property type

Commercial Retail

Lot size

N/A acres

Style

Approx. Area

4203 Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Building size

4203

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

--

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Walk around the neighborhood
227 Colborne Street, Central Elgin, N5L 1C2
Nearby Places
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Commercial PropertiesProperty Management

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 227 Colborne Street

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