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.
Property Features
- Date Listed: Sunday, September 17, 2023
- City: Central Elgin
- Full Address: 227 Colborne Street, Central Elgin, N5L 1C2, Canada, Ontario, Canada
- Listing Brokerage: Royal Lepage Triland Realty - Disclaimer: The information contained in this listing has not been verified by Royal Lepage Triland Realty and should be verified by the buyer.
