227 COLBORNE STREET (X8190932)

**227 COLBORNE STREET, Central Elgin, Ontario, N5L1C2**
Bathrooms3	Property TypeRetail
Building Area4203 square feet

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. (id:15271)

Please visit : Multimedia link for more photos and information

**Business**
Business TypeRetail and Wholesale	Business Sub TypeRetail misc.

**Details**
Parking Spaces6	TransactionFor sale
Zoning DescriptionB1

**Building**
CoolingFully air conditioned	Bathrooms (Total)3
Heating FuelNatural gas	HeatingForced air
Size Exterior4203 sqft	Size Interior4203 sqft
Utility WaterMunicipal water

**Land**
Size Frontage82 ft	Size Depth125 ft
Size IrregularBldg=82.91 x 125 FT

Listing Office: ROYAL LEPAGE TRILAND REALTY

Data Provided by London and St. Thomas Association of REALTORS®

Last Modified :12/06/2024 12:10:47 PM

Bing Api Missing

WalkScore

227 COLBORNE STREET

Terms of Use Agreement

The Canadian Real Estate Association