ON > Central Elgin > Port Stanley
Central Elgin, ON N5L 1C2,227 Colborne ST
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Central Elgin, ON N5L 1C2,227 Colborne ST
Central Elgin, ON N5L 1C2,227 Colborne ST
Central Elgin, ON N5L 1C2,227 Colborne ST
Central Elgin, ON N5L 1C2,227 Colborne ST
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 1,200,000
Est. payment /mo
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Active

227 Colborne ST Central Elgin, ON N5L 1C2

3 Baths

4,203 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,203 sqft

Price per Sqft $285

Subdivision Port Stanley

MLS Listing ID X8190932

Annual Tax Amount $10,854

Tax Year 2023

Property Sub-Type Commercial Retail

Lot Depth 125.0

Lot Front 82.91

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

Location

Province ON

County Elgin

Community Port Stanley

Area Elgin

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 82.91

Lot Depth 125.0

Others

Security Features No

Virtual Tour https://arc-creative.aryeo.com/sites/yvzzlkw/unbranded

Listed by ROYAL LEPAGE TRILAND REALTY
agent

Jethro Seymour

Broker

+1(416) 712-0767

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227 Colborne ST

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